Broker Check

Welcome to Riggs Financial Inc.

About Us

Tim Riggs is a Registered Employee Benefit Consultant and an Investment Advisor Representative of Cambridge Investment Research.

When we began our business in 1989, we had a natural affinity for the driven business owner. We were often amazed at the drive and commitment these entrepreneurs have displayed on a daily basis. It was these individuals who needed a trusted professional in deciphering all of the regulations and product information needed to keep their employees on the road to prosperity and longevity. We market and support 401K and profit sharing plans, group health plans and self-funded health plans, life and disability plans.

It is through this inspiration from our clients that we have grown our business to over 50 businesses who depend upon us for their brokerage and financial education of their employees. Many of our clients are still with us after 26 years! We do group and individual enrollment meeting so we can get to know our clients.

Today, we strive to offer every product which can bring value to our client base. Escalating costs associated with employee benefits and retirement plans can be controlled with negotiation with comparative information properly presented.  Our mission is to bring value to our clients through cost negotiation, product differentiation, and education. Our employee presentations are designed to promote loyalty by helping them determine their long term financial goals.

We can act in the capacity of a fiduciary on retirement plans. This protects the business owner by supporting their role also as a plan fiduciary. Unbelievably, most business owners are the only fiduciary on their 401k plan. Business owners can seed some of the risk by requiring that their advisors also be a fiduciary.

We support the business owner by using tools such FI 360 and Fiduciary Benchmarks which clearly illustrates the comparative value of the plan. These tools are offered at no additional fees and provide the business owner the satisfaction of having a professional third-party validation.

At Riggs we believe in constant education.  Tim Riggs is both a Registered Employee Benefit Consultant and a Registered Health Underwriter designations.  Tim Riggs is also an Investment Advisor Representative of Cambridge Investment Advisory.

Tim received his Bachelor of Science from Clarion University of Pennsylvania and his Master of Arts from University of Louisiana.  Riggs began his career as an instructor and coach at Allegheny College. While at Allegheny College he was awarded the NCAA Diving Coach of the Year for three years.  It was during this period that Riggs was preparing his business plan for serving the business community with financial products and education.

Click here to learn more about us.

Helpful Content

The Cost of Procrastination

The Cost of Procrastination

Don't let procrastination keep you from pursuing your financial dreams and goals.

Getting a Head Start on College Savings

Getting a Head Start on College Savings

A few strategies that may help you prepare for the cost of higher education.

Social Security: Maximizing Benefits

Social Security: Maximizing Benefits

There are other ways to maximize Social Security benefits, in addition to waiting to claim them.

 

A Checklist for When a Spouse or Parent Passes

An overview of some fundamental steps when a loved one passes.

What Will You Do With Your Bonus or Windfall?

This article examines one's options when receiving a work bonus or other financial windfalls.

The Five Basics of Financial Literacy

How literate are you when it comes to your finances? Brush up with these five basics.

Building a Solid Financial Foundation

Sustain financial well-being or create wealth through these actions.

The Economic Journey of Your Morning Coffee

Few contemplate the complex journey that brought their coffee from farm to kitchen table.

Immediate vs. Deferred Annuities

Looking forward to retirement? It's critical to understand the difference between immediate and deferred annuities.

View all articles arrow

College Savings

See how much you may need to save now to cover future college costs for your child.

The Power of 401k Catch-Ups

See how catch-up contributions after age 50 could significantly boost your retirement balance.

Comparing Investments

Compare two different scenarios side by side to see how they stack up over time.

How Long Will Your Money Last?

See how long a lump sum of savings could last based on your withdrawal rate and return.

Comparing Mortgage Terms

Compare different mortgage term lengths side by side to find the option that fits your budget.

Credit Card Payoff

Find out how long it may take to pay off a credit card balance and what it costs in interest.

View all calculators arrow

Safeguard Your Digital Estate

If you died, what would happen to your email archives, social profiles and online accounts?

Should You Invest in Exchange Traded Funds?

There are thousands of ETFs available. Should you invest in them?

Acres of Diamonds

In life it often happens that the answers to our most pressing questions are right in our own backyards.

When Special Care Is Needed: The Special Needs Trust

A special needs trust helps care for a special needs child when you’re gone.

The Latte Lie and Other Myths

Check out this video to begin separating fact from fiction.

Extended Care: A Patchwork of Possibilities

What is your plan for health care during retirement?

View all videos arrow