Cafaro Greenleaf, an industry-leading and nationally recognized boutique investment advisory and consulting firm to corporate, public and non-profit retirement plans, announced Feb. 5 the launch of its ERISA 3(21) and 3(38) Investment Fiduciary Services. The service was developed in response to strong demand from advisors and retirement plan sponsors seeking expert advice on selecting and monitoring the investment options available to plan participants, while mitigating fiduciary liability for plan trustees.
The firm's new “3(21) Fiduciary Guidance Platform” allows advisors to focus on serving plan sponsor clients. As a 3(38) fiduciary under its Fiduciary Blanket Program, Cafaro Greenleaf provides plans and trustees protection by acting as a full discretion fiduciary under ERISA. Many advisors are either unwilling or unable to act as a retirement plan fiduciary, as their broker dealers prohibit this role. Adding these plan-level services can help both advisors and providers retain plan clients.
More information is available on the Cafaro Greenleaf website.
