Offering wealth management to your plan participants
Hear from ERISA attorneys Fred Reish and Josh Waldbeser about ways retirement plan advisors can provide advice to the participants of their 401(k)s, and how offering both retirement & wealth management align with ERISA compliance.
Offering wealth management to your plan participants
Offering wealth management to your plan participants
Does providing investment advice to participants align with ERISA standards?
Does providing investment advice to participants align with ERISA standards?
Can an advisor/advisory firm provide fiduciary services at a plan and participant level?
Can an advisor/advisory firm provide fiduciary services at a plan and participant level?
If I'm already a fiduciary advisor to a plan, is it a prohibited self-dealing transaction to engage a participant for wealth management services?
If I'm already a fiduciary advisor to a plan, is it a prohibited self-dealing transaction to engage a participant for wealth management services?
Can a participant hire an advisor for investment advice and provide access to their account?
Can a participant hire an advisor for investment advice and provide access to their account?
Has there been a court case that looked at how well a firm supervised advisors who used client login credentials to offer wealth management services?
Has there been a court case that looked at how well a firm supervised advisors who used client login credentials to offer wealth management services?
Can the fees being paid for management of participant account be paid from the account/plan assets?
Can the fees being paid for management of participant account be paid from the account/plan assets?
If a plan participant hires an advisor to manage their account, is the plan fiduciary(ies) liable for the selection and monitoring of the chosen advisor?
If a plan participant hires an advisor to manage their account, is the plan fiduciary(ies) liable for the selection and monitoring of the chosen advisor?
Are plan fiduciaries responsible for determining if participant investment advice fees are reasonable?
