Our Services
Investment Advisory Service through LPL Financial
- Incorporate documented process to select, monitor and replace investment options
- Quarterly or Semi-Annual investment reporting comparisons
- 11 point quantitative screening process with peer comparison approach
- Quarterly or Semi-Annual Market Commentary
- Ability to act as 3(21) Investment Consultant Co-Fiduciary, thereby shifting Investment Advisory liability from sponsor to advisor and LPL Financial
Fiduciary Governance Assistance
- Identify and educate Fiduciaries
- Define and allocate responsibilities
- Written “Statement of Service” outlining which services will be delivered along with frequency
- Where applicable, will provide “Retirement Plan Consulting Program” agreement which provides acknowledgement that LPL Financial and advisor are acting as Co-Fiduciaries
- Help create and monitor investment policy statement (optional)
- Track and benchmark plan and investments expenses
Vendor Search
- Fee Negotiations
- Problem resolution
Participant Education
- Incorporate ongoing group and individual meetings
- Define expectations for “success measures”
Plan Design Assistance
- Incorporate new Safe Harbors (Auto Enrollment, Auto Increase, QDIA) to assist with participant chances of retiring with adequate retirement income
- Utilize advanced plan design features to allow key employees/owners to maximize tax benefit
- Review plan design for efficiency and compatibility to company culture
