September 29th, 2021
Fiduciary Wise, in partnership with Bell Rock Capital, is excited to announce a brand-new video series. “Two Fiduciary Nerds Disturbing the Peace” is a monthly webisode diving into thought-provoking subjects in the investment industry. …
April 22nd, 2021
Every 401(k) plan is required by law to officially appoint a “plan administrator” under Section 3(16) of ERISA. This typically creates two problems for Plan Sponsors – Most are unaware that this position is NOT being held the Plan’s…
February 15th, 2021
Under ERISA, Plan Fiduciaries, typically Employer/Plan Sponsor employees, are charged with authority over your Plan’s management. Plan fiduciaries include the Plan administrator under §3(16) of ERISA, Plan Trustees under §403 of ERISA, and the…
December 28th, 2020
Why is it important to hire a fiduciary for your 401(k) or 403(b) Plan? Well, you want to be sure that the advice you are getting is solely in the best interests of your Plan Participants and Beneficiaries. To begin with, one of the most important…
December 8th, 2020
All fiduciaries, by federal law, must act solely in the interest of their participants and beneficiaries. Being a 401(k) or ERISA 403(b) Plan Sponsor/fiduciary can be challenging. Federal law also says that if you feel you do not have the…
October 21st, 2020
ERISA requires a retirement plan Sponsor to be legally, and personally, liable for making “prudent” decisions regarding every aspect of his or her Plan. As an Employer, you know how to make your business grow; that is your passion. …
September 23rd, 2020
If you have come across the term fiduciary, you may have wondered whether this is the type of professional service provider that you need for your 401(k) or ERISA 403(b) Plan? In the broadest sense, a “fiduciary” is legally responsible for…
August 24th, 2020
Whether your goal is to buy a new home or to save a substantial amount of money for ensuring a comfortable retirement, it is important to have knowledgeable guidance to help you along the way. If you are looking for proven strategies for building…