7965 North High Street
A fiduciary is someone who makes financial decisions on behalf of another person or organization. Fiduciaries are legally obligated to act in their client’s best interest. If you are the administrator of a retirement plan, you are a fiduciary and bound to act in the plan participant’s best interests. Our financial advisors provide fiduciary services for individuals, families, entrepreneurs, corporations, and non-profit organizations.
Fiduciary responsibility is a significant burden you may elect to share with a financial advisor. Our experienced team of professionals can help you make better financial decisions for your organization, providing you with the guidance you need to improve the performance of your business. Fiduciary services can also include asset and investment management and the oversight and management of your company’s retirement plans.
Our financial advisors offer important investment management services. For example, we can help you set up and manage your company’s retirement plan, acting as your fiduciary for the plan. We can also help you select a fund manager and support the oversight of your plan to ensure you meet the requirements set forth under ERISA, the Employee Retirement Income Security Act.
Here are some examples of investment management services we offer:
We’re ready to help your business optimize its investments with our customized asset management services. Our financial advisors can also help you evaluate your other investment management goals, optimizing your company’s cash flow and helping you build and protect your prosperous business. We can create an asset allocation and investment strategy that best suits your company’s needs.
Your board management team must work for the best interests of your company, and our fiduciary services are here to support your board management team. We can provide a fiduciary education for your board members and even create investment and spending policies in line with your company’s financial goals. Our goal is to serve as an ally to your company, its board members, key executives, and employees.
Non-profit organizations have unique challenges. Our financial advisors can help you with planned giving programs, workshops, and even provide on-demand continuing education. We also offer keynote speaking, breakout session presentations, and webinars to educate your employees, managers, and board members of your business. Your non-profit organization may also want help with setting up an employer-sponsored plan, such as a 403(b).
A fiduciary is someone who acts on behalf of another person or company. A fiduciary must act in the best interest of the people they represent. Typically, anyone who sponsors a 401(k) plan is a fiduciary. Our financial advisors offer fiduciary services to lighten your responsibility. Working with our fiduciary protects your financial interests and those of your employees.
An investment advisor may also be a fiduciary. If your investment advisor acts as a fiduciary and carries the responsibilities required under ERISA, there will be specific language about it in your contracts. If your investment advisor is not a fiduciary, it may be better to hire a different advisor. A fiduciary will always put your interests before their own. In fact, it is their ethical and legal responsibility to do so.
There are different options for managing fiduciary risk. As an employer, you can have fiduciary liability insurance and an ERISA fidelity bond. Our financial advisors can educate you about the fiduciary responsibilities and requirements and protect your business. When you work with a fiduciary like our firm, you can also share the fiduciary burden.
Our financial advisors are ready to help you with all your investment management needs. Whether you need fiduciary services for your corporation or non-profit organization, our financial professionals are ready to assist you with all your financial planning needs. Managing your company’s investments and employee-sponsored plans represents an enormous responsibility. We’re here to share that burden with you. Contact us today to discuss your company’s financial needs.