Independent Fiduciary Services
Our services include…
- Monitoring of company stock
- Approving account re-structurings
- Fund terminations
- Litigation settlement
Banks, Investment Managers, Mutual Fund Companies and Plan Sponsors often need the services of an Independent Fiduciary to monitor and exercise discretion over ERISA funds or portfolios.
Defined Contribution Plans
We offer…
- Oversight of stable value programs
- Monitoring and selection of investment options
- Approval of fees and expenses
The DC plan management business is a huge complex industry with many layers and fees.
HFG is a DC industry expert that can bring clarity, transparency and prudence to this process … all on behalf of plan participants.
Defined Benefit Plans
Investment strategies and products continue to grow in complexity. Yet many Plan Sponsors are reducing their in-house professional staffs in an attempt to cut corporate overhead.
HFG can empower the professional staff and will even sign-off on plan investment decisions as a fiduciary.
We will…
- Review, approve, and implement Investment Policy Statements and Asset Allocation Guidelines
- Select and monitor investment managers
- Assess and approve securities lending programs
- Monitor and approve asset pricing and valuation processes
HFG Analyzes, Implements and is Accountable for Fiduciary Decisions
HFG removes the weight of the fiduciary millstone
from around the necks of directors and officers so they can perform with speed and agility in these challenging times.
Depending on client need, HFG assumes one of two roles: Investment Named Fiduciary or Independent Fiduciary. As Investment Named Fiduciary, HFG assumes overall responsibility and liability associated with named fiduciary status. We select and monitor investment options, managers, strategies and consultants for the plan.
As a related service, we also review and negotiate your fees and services with trustees, record keepers and administrators — according the plan the benefit of best industry practices at reasonable and competitive fees.
As an Independent Fiduciary, HFG provides a tailored selection of fiduciary services. Engagements might include managing a company stock account, approving litigation settlements, or reviewing a plan’s participation in a securities lending program.
Fiduciary Leadership
Mitch Shames, a recognized fiduciary expert, has assembled a team of fiduciary professionals of unprecedented talent. With more than 75 years of combined experience, they have handled investment and fiduciary matters for over $2 trillion in assets under management.