Institutional Fiduciary Services
We provide full discretionary 3(38) fiduciary oversight with a disciplined, transparent process. From Investor Policy Statement design to manager due diligence and ongoing benchmarking, our goal is to shoulder complexity so trustees can focus on governance. With experience across pension, health & welfare, and security benefit funds—and CIMA® expertise—we align investments with policy, cash-flow needs, and participant outcomes.
- Discretionary ERISA §3(38) fiduciary management within your IPS
- IPS creation/revision aligned to cash-flow, risk budget, and objectives
- 401(k)/403(b) menu design (QDIA selection, glidepath/target-date evaluation)
- Manager due diligence, fee and share-class review
- Reporting & benchmarking that trustees can actually use
- Experienced with pension, health & welfare, and security benefit funds
- CIMA® credentialed leadership; PhD research background on the team
A True Fiduciary
Institutions need clarity, control, and documentation. We deliver all three. As a discretionary 3(38) fiduciary, we accept authority—and accountability—for investment selection and monitoring within the boundaries of your Investment Policy Statement. That means we build and maintain the lineup, make changes when warranted, and document the rationale so trustees can focus on prudent oversight.
We start with the Investor Policy Statement (IPS). Whether drafting from scratch or revising an existing policy, we translate your plan’s investment objectives, liquidity needs, risk budget, and constraints into clear, testable guidelines. From there, we run a repeatable due-diligence process: screen the universe, evaluate managers on people/process/performance/price, review fees and share classes, and benchmark against appropriate indices and peer groups. For defined contribution plans, we design open-architecture menus, evaluate target-date/glidepath options, and select a QDIA that fits participant demographics and plan design.
Reporting is built for trustees—not just specialists. You’ll see what changed, why it changed, how each mandate is performing versus its benchmark and IPS targets, and what’s next on the monitoring calendar. Our team’s background spans pension funds, health & welfare funds, and security benefit funds; leadership includes a CIMA® professional with institutional management experience and a PhD with original research in market efficiency and asset pricing. The result is a documented, defensible process that aligns investments with policy—and makes board meetings more productive.
Our Fiduciary Process
Policy & Design — Draft/refresh IPS; define objectives, constraints, risk budget, liquidity.
Manager Menu & Fees — Open-architecture selection, share-class/fee review, QDIA/glidepath fit.
Implementation & Monitoring — Mandate sizing, watch-list criteria, rebalancing rules, trading oversight.
Reporting & Governance — Clear benchmarking, variance analysis, action items, annual IPS checkup.