Fiduciary Risk Management
At FiduciaryFirst, we're committed to mitigating the many forms of risk facing your organization every day.
Fiduciary risk and regulatory risk can threaten your balance sheet, your retirement plan, and the future of your business. The installation of Prudent Fiduciary ProcessSM (PFP) serves to pave the way for plan success while also mitigating fiduciary liability.
- Most employers don’t realize that their service providers are not fiduciaries (this includes recordkeepers, brokers, and any "401(k) in a box", Reg 457(b), 403(b), 401(a) vendors).
- Some service providers cannot -- and will not -- provide the internal processes necessary to demonstrate fiduciary responsibility.
- Appropriate risk defenses may not be available to an employer that relies on an internally manufactured or incomplete and inconsistent process.
Call us today at 1-866-625-4611 to learn how FiduciaryFirst’s Prudent Fiduciary ProcessSM can help your organization mitigate risk and help ensure your future.