To Be, or Not To Be (a Fiduciary)
Seeking Alpha Analyst Since 2011
As advisers weigh how the newly proposed definition of a fiduciary is going to affect their business, many are considering outsourcing certain functions that clearly place them in the role of a fiduciary. One function in particular that seems to have advisers talking is the role of participant-level investment adviser. Here is a decision tree to help you decide whether you want to offer participant advice yourself or outsource that function to a third party provider.
Vice President, Smart401k
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