Our Qualifications
The Asset Consulting Group is an active member of the Retirement Plan Advisory Group, RPAG, a group of dedicated specialists focused solely on delivering retirement plan consulting services. Since its inception in 2000, RPAG has become the West Coast’s largest network of independent 401(k) consulting firms, serving some 300 clients of all sizes and industries.
Prudent fiduciary conduct is our number one objective for all clients. The proprietary tools offered to members of RPAG enable The Asset Consulting Group to provide competitive and extremely robust investment analysis, comprehensive plan reviews, and vendor search capabilities. Proper documentation of all processes is key to prudent fiduciary care.
The fiduciary should act with the “care, skill, prudence, and diligence under the circumstances then prevailing that a prudent man acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of like character and with like aims.”
ERISA, Sec. 404(a)(1)(B)
“A trustee shall invest and manage trust assets as a prudent investor would, by considering the purposes, terms, distribution requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill and caution.”
Uniform Prudent Investor Act, Sec. 2(a)
From investment analysis and due diligence to employee communications and vendor fee benchmarking, our process-driven solutions help protect employers from corporate and personal financial liability, while increasing investment opportunities and improving overall plan value.
Our second objective is to help maximize participant account balances. As investment advisors with designations such as Accredited Investment Fiduciary, Certified Retirement Counselor, Series 6 and Series 7 Investment licenses, we are well equipped to assist in all asset allocation decisions. Proper balancing of accounts and periodic rebalancing of allocations are both key to producing superior investment results. Of course, this assumes you have truly skillful money managers at all times—not just lucky managers. Our processes identify the skillful managers.
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