Fiduciary Wise of the Midwest, LLC

Firm Profile

Fiduciary Wise of the Midwest, LLC will take on over 95% of the 150 annual fiduciary tasks required by Plan Sponsors. Services include establishment and ongoing responsibility for semi-annual Plan Administration Committee (PAC) meetings, including formal Minutes and audio recording. Plan Sponsor is then given a Certified and Signed annual Registry that outlines the completion of all 150+ annual tasks. Thus allowing Plan Sponsors to concentrate on what they do best – their company – and not their retirement plan.

KEY CONTACTS
Sales:
Trey Becker, CPFA
Brandon Madison, CPFA
Service:
Richard L. Billings, CPC, CEBS, ERPA
Michael L. Billings, AIF

PRIMARY MARKET(S) SERVED
Micro < $1 million Small $1 million-$10 million # OF PLANS/PARTICIPANTS SERVED BY TYPE
As of 6/30/16
401(k): 260/ 10,000
403(b): 17 / 500
Money Purchase: 9 / 100
457: 65 / 400
Cash Balance: 8 / 30
Other: 155 / 4,000

Any legally-registered fund is allowed on our platform. Models can also be set up by investment advisor.

PLATFORMS USED
Relius

ADVISOR SUPPORT/SERVICES
Number of external wholesalers focused on advisers: 2
Number of external wholesalers focused on institutional: 0
Number of internal wholesalers focused on advisers: 1
Number of internal wholesalers focused on institutional: 0

ADVISOR SUPPORT SERVICES OFFERED
Compliance support
Training for DC plan sales/service
Investment committee meetings
Named 402 Fiduciary Services

SERVICES AVAILABLE TO PARTCIPANTS
Call center support
Smartphone access to participant balances
Smartphone transaction access for participants