Process
“An investment adviser is a fiduciary whose duty is to serve the best interests of its clients, including an obligation not to subordinate clients’ interests to its own. Included in the fiduciary standard are the duties of loyalty and care.”
SEC Study on Investment Advisers and Broker-Dealers, January 2011
Fiduciary responsibility begins quite simply with the duties of loyalty and care.
Ed realizes plan fiduciaries rely on him to be the quarterback of their retirement plan. His education, experience, accreditations and professional accomplishments help plan fiduciaries work towards their requirement to manage that an experienced professional oversees their plan.
Ed’s experience couples naturally with these duties and his comprehensive program works toward walking plan fiduciaries through the four main steps to fiduciary planning – Organize, Formalize, Implement & Monitor. He also advises on the latest industry best practices and other ways to potentially maximize plan participation and outcomes.
Ed’s help includes ERISA assistance with such fiduciary services as developing and reviewing an Investment Policy Statement, ongoing investment recommendations and monitoring, QDIA assistance, non-discretionary model portfolios, performance reports, service provider liaison, education services to the plan committee and participants, participant enrollment, plan search support/vendor analysis and plan fee benchmarking services.
