The Ultimate 3(38) Solution is a group of experts that was formed to support advisors who seek a streamlined solution to defining their fiduciary protocol. Initial group members are the
ERISA 3(38) managers act as fiduciaries for retirement plans with responsibility for the discretionary management of all or some portion of plan assets as well as any number of additional services that can be included. Unlike the co-fiduciary role played by today's typical plan advisor, the 3(38) has the ability to make investment decisions and to relieve the plan sponsor of certain fiduciary responsibilities and liabilities.
The Ultimate 3(38) Solution offers today's plan advisors a diagnostic tool that identifies the hurdles and steps necessary to adopt an effective 3(38) fiduciary protocol. The advisor's answers to the Ultimate 3(38) Questionnaire produces an action plan that identifies if a fiduciary role is feasible and if so, makes specific recommendations. The Questionnaire is available at www.Ultimate338.com. There is no charge for plan advisors to use the Ultimate 3(38) Questionnaire.
Stephanie Ptak617.723.6400 sptak@Dalbar.com
|Copyright:||2012 GlobeNewswire, Inc.|