Investment Counseling for your University Retirement Plans

Most people will spend more time planning a two week vacation than planning for a 20+ year retirement. Let the experienced wealth management advisors at Hills Bank help you effectively manage your retirement account as you strive to reach your goal. We can help you navigate those unexpected bumps along the way.

As an independent advisor, we can offer professional investment guidance on your University of Iowa and other TIAA retirement plans. As a participant in the University’s retirement plan, you may now authorize an independent advisor such as Hills Bank and Trust Company to invest, rebalance, and actively manage your retirement account. This guidance is available through Hills Bank Trust and Wealth Management.

From legal to accounting to business administration, our staff is educated with advanced degrees as well as financial planning designations. Most importantly, none work for a commission because fees are asset based. Therefore, our success is wholly dependent on your continued satisfaction.

Your retirement account will remain with TIAA. You are simply authorizing Hills Bank and Trust Company to manage the investments within your account. Plus, you will have full access to all the services our clients receive:

  • Professional investment management advice
  • Financial planning
  • Retirement planning both pre- and post-retirement
  • Estate planning

Frequently Asked Questions about TIAA

1. How do I authorize Hills Bank to manage my retirement plan?

You sign an Investment Management Agreement and Account Authorization to retain Hills Bank and Trust to actively manage your retirement plan assets at TIAA.  

2. Do I need to move my retirement plan account to Hills Bank Trust and Wealth Management?

No.  Your TIAA account and online access remain the same. 

3. How will Hills Bank Trust and Wealth Management assist with my investments?

As your investment advisor, we work with you to develop an investment strategy for your retirement plan assets that corresponds to your goals. We will actively manage your retirement account by implementing the agreed upon asset allocation, monitoring the underlying investment funds, and rebalancing when appropriate.

4. What other services does Hills Bank Trust and Wealth Management provide?

Aside from receiving professional investment management advice for your retirement plan, you also will have access to the other services available through Hills Bank Trust and Wealth Management such as:

  • Comprehensive financial planning
  • Investment management of non-TIAA accounts
  • Retirement planning both pre- and post-retirement
  • Estate planning
  • Cash flow planning

5. How do I know Hills Bank Trust and Wealth Management is qualified to manage my account?

Hills Bank Trust and Wealth Management assets exceed $1 billion. Our officers have a diverse background with professional experience in accounting, legal, trust, and financial services. Trust and Wealth Management clients depend on us for a broad range of advice in connection with investments, estate and tax planning, retirement planning, and other general business matters.

Most importantly, Trust and Wealth Management Officers do not receive commissions. Fees are asset based and fully disclosed. Therefore, our success is wholly dependent on your continued satisfaction.

Contact us online or call a Hills Bank Investment Professional today to begin managing your retirement assets.

Hills Bank and Trust Company is not sponsored by, affiliated with, or in any way related to TIAA or any of their affiliates or subsidiaries. TIAA has not reviewed and is not responsible for any of Hills Bank and Trust Company’s content. Any TIAA materials or TIAA information linked or provided by Hills Bank and Trust Company are based on sources TIAA believes to be reliable, but TIAA does not guarantee that such materials or information are accurate or complete. Teachers Personal Investors Services, Inc. and TIAA Individual & Institutional Services, LLC, Members FINRA/SIPC, distribute securities products.

All material is confidential or proprietary to Hills Bank and Trust Company and may not be reproduced or distributed without the consent of Hills Bank and Trust Company. All information is believed to be reliable, but not guaranteed.

Investment products are not a deposit, not FDIC insured, not insured by any federal government agency, carry no bank guarantee, and may go down in value.