The due diligence is consistent with the guidelines provided by the Unites States Department of Labor for Advisers operating under the Employee Retirement Income Security Act of 1974, as amended (ERISA) Section 3(38) and associated regulations.
A Retirement Plan Adviser that has earned the DALBAR Certification provides Individuals, Trustees and Fiduciaries the following benefits:
Independently affirms that our investment process follows a prudent process using generally accepted investment theory and has received high ratings in investment quality and investor success.
Gives comfort that the Adviser has been independently examined, deemed/found to be qualified, and has the written obligation to act in you and your employee’s best interest in a fiduciary capacity.
Allows Trustees and Fiduciaries of a Retirement Plan to use our credentials to comply with the regulation that require fiduciaries to prudently select and monitor all investments used. Rather than conducting their own investigation, they can rely on our credentials which have been independently prepared by a recognized expert.
Confirms that if an Adviser explicitly states in writing that they are serving as the investment fiduciary then any liability for investment losses is transferred from Plan Sponsor to Adviser.
Independently affirms that we have been highly effective in delivering the most important measures of an investment manager in areas of Trust, Performance, Advice and Service.
If you would like us to perform a fiduciary review of your Plan and or would like a full copy of the DALBAR report, feel free to email a request to Brian Kohute at firstname.lastname@example.org.