Benefits to You and Your Clients
Add Value to Your Practice
We welcome the opportunity to go through your due diligence so to share with you the details behind our service. Our services result in happier and better invested participants, decreasing the amount of time and resources required to manage their inquiries during volatile markets.
Add Value to Your Clients
The recent volatility in the markets has many employers trying to determine how to provide their employees the advice they need in an efficient fashion. Having a proactive conversation with employers about participant advice can add depth to the value you provide to the plan sponsor.
Decrease Fiduciary Risk for Your Practice
Many advisors do not consider the amount of fiduciary liability they are accepting by providing advice. As you know, providing advice is a fiduciary function, and managing that fiduciary process can be challenging when considering the hundreds or thousands of participants. We can help you manage this difficult-to-quantify liability.
Decrease Fiduciary Risk for Your Clients
As a CEFEX Fiduciary Adviser (PPA), we provide plan sponsors a fiduciary safe harbor for the advice we provide. Additionally, we document all interactions with participants and can provide easy access to such reports for due diligence and documentation efforts.
Increase Profitability
When we started the company, we expected 40%-60% of participants would desire an annual face-to-face meeting. Instead, the number is less than 2%, due to our high touch communication approach, in which we are providing participants 4-6 proactive updates per year. They hear from us all of the time, so they simply don’t need to see us. Less time travelling and sitting in the cafeteria means more time to focus on your practice.