Monday, March 18, 2013

Retirement Plan Advisor - Reason #4

4. Investment Manager Search and Selection

The Plan Advisor conducts a search for a best-in-class investment manager for each of the asset classes identified in the asset allocation policy section of the IPS. Applying the qualitative and quantitative selection criteria as a filter, the Plan Advisor produces a list of potential managers.

The Plan Advisor presents a list of four to five finalist firms to the institution with a recommendation for the best firm. The Plan Advisor provides ongoing due diligence on the managers that are hired by comparing the managers’ fund statistics against the original selection criteria. This is done no less frequently than quarterly. The Plan Advisor monitors and reports on changes in qualitative criteria, including firm ownership, key personnel changes or adverse litigation/regulatory issues.

View our next blog entry to continue the series. To learn all Seven Reasons for Hiring a Dedicated Retirement Plan Advisor, download our full whitepaper.

If you have any questions about retirement plan services, or would like to begin talking to a dedicated retirement plan advisor, please get in touch by calling (855) 882-9177 or e-mail us at

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