Few Questions to check on:
- Are you acting solely in the interest of the plan participants and the beneficiaries and with the exclusive purpose of providing benefits to them?
- Are you carrying out your duties prudently?
- Do you have an investment policy statement and the minutes from your last investment policy committee meeting?
- Are you following the plan documents (unless inconsistent with ERISA) Are you diversifying plan investments?
- Are you paying only reasonable plan expenses?
- Is your financial advisor a fiduciary and completely fee-only?
- Does your plan provider participate in the industry’s standard practice of revenue sharing?
- Are there 12b-1, sub T/A or finders fees being paid. If so, to whom and for what services?
It is important to properly evaluate your portfolio. Brown Wealth Management can assist you in doing so.
Sometimes all you need is simple advice. Our staff has the knowledge and expertise to provide you with the options that suit your needs.
