Broker Check

Institutional Client Services

Our Institutional service offering focuses on serving the specialized needs of institutional retirement plans (401(k), 403(b), profit sharing and defined benefit plans) foundations, and endowments.

Our structure as a Registered Investment Advisor (RIA) allows us (requires us actually) to act in the capacity of an investment or  ERISA fiduciary. ERISA defines a fiduciary as anyone who “exercises discretionary control or authority over plan management or plan assets, anyone with discretionary authority or responsibility for the administration of a plan, or anyone who provides investment advice to a plan for compensation or has any authority or responsibility to do so."

Foundation related fiduciary regulations fall under the Uniform Prudent Investors Act section of law but are similar in spirit to ERISA's fiduciary requirements.

As RIA engaged for a fee, ERISA mandates that we act in a fiduciary capacity to the client. A broker not engaged by written agreement as a RIA is not normally considered a plan fiduciary. If you do not know whether or not your current service providers act in a fiduciary capacity for your organization or company, simply ask  – and obtain a formal response in writing.

Our independent vantage point assists sponsors in complying with ERISA's prudence requirements in that we have no proprietary investment or recordkeeping products. This ensures independent review and oversight of plan investments, recordkeeping, and administration. Our business structure uniquely positions us to deliver a commitment of fiduciary practices and education, benefitting plan participants, board members and plan trustees associated with the institutional retirement plans and foundations we serve.