Advisory Services for Businesses
Once an employer makes the decision to offer a retirement plan to their employees, our advisory services are designed to create a successful retirement plan experience for all parties. Our team is comprised of Accredited Investment Fiduciaries® ("AIF®") committed to high-quality advisory services designed to protect plan fiduciaries and enhance retirement income for plan participants.
Our Services can help you:
- Enhance investment opportunities
- Protect fiduciaries from financial loss
- Manage and control risk
- Reduce exposure to fiduciary liability
- Minimize total plan costs
- Ensure plan efficiency and compliance
- Maximize benefits for plan participants
Our Fiduciary Responsibilities
Fiduciary responsibilities are the highest known to the law—they can be shared but not abdicated.
Our advisory services are designed to assist clients in understanding and implementing the financial precepts developed by fi360™ and The Center for Fiduciary Excellence.
These precepts are:
- Act solely in the interest of participants and beneficiaries
- Prepare an Investment Policy Statement
- Control and account for plan expenses
- Use and monitor prudent experts
- Diversify the plan's investments
- Avoid conflicts of interest and prohibited transactions
- Know standards, laws and trust provisions
We subscribe to the Fiduciary Quality Management System designed by fi360™. A repeatable, documented process provides the framework for a successful retirement plan experience for an employer and its employees.
Registered Representatives, Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Investment Advisor Representatives, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and The Richards Group are not affiliated and do not provide legal or tax advice. http://www.finra.org / http://www.sipc.org
