Northstar Fiduciary Partners, LLC

About

North Star Fiduciary Partners, LLC Skip to content Your Customized 401(k) Investment Fiduciary Solution Outsource the liability for your Plan’s Investment Menu Discover What We Offer Your Customized 401(k) Investment Fiduciary Solution Outsource the liability for your Plan’s Investment Menu Discover What We Offer Grow Your Assets With Financial Experts NorthStar Fiduciary Partners, LLC offers fiduciary services to qualified retirement plans, that includes 401(k) and defined benefit plans, and financial advisors nationwide. Trusted Investment Fiduciaries Selecting and Monitoring plan investments is a fiduciary function that exposes plan sponsors to significant liability. The DOL states that “unless fiduciaries possess the necessary expertise to manage investments, they would need to obtain advice of qualified, independent experts.” U.S. Department of Labor Regulations § 2509.95-(C)(6). According to ERISA Section 3, however, a registered investment advisor under the Investment Advisors Act of 1940 may accept sole discretionary authority in writing for managing plan investments. For many plan sponsors, designating an ERISA § 3(38) investment manager to manage retirement plan investments is the one way to transfer virtually all of the liability for investment-related decisions. Our Services Provide and maintain an Investment Policy Statement (IPS) (or review and update your current IPS) Review your current menu for prudence and compliance with the IPS, industry best practices and

Key Contact

Geographic Focus