Investments

Generally speaking, there are two types of investment service providers in the retirement plan space, financial advisors and investment managers.  At a surface level there are a few differences between the two. First, ERISA only defines the term investment manager.1  To be an investment manager, a provider must satisfy three requirements:  Have independent power to make decisions about all plan assets  Be a registered […]

Choosing a Retirement Investor When picking an investment advisor, many plan administrators (e.g. employers) ask about firms’ fees, available funds, and participant outreach, but they often miss another important factor: the investment selection process. Even though investment advisors commonly charge a fee based on assets under management, many do not actively manage the assets. Instead,