Fiduciary Documentation

IBG Financial Partners, LLC offers Plan Sponsor fiduciaries an extensive process to document their decisions. Unlike many competitors, we are willing to provide investment advice to qualified plans and will acknowledge our fiduciary status in that regard. In addition, we can assist plans in meeting their other duties to participants through effective committee training, participant education, and electronic data storage. 


Fiduciary Oversight

Plan Sponsors wear many professional hats, and while they may spend the least amount of their working life on retirement plan issues, their fiduciary role possesses the most significant amount of personal risk in the corporate arena. Inundated with primary job functions, finance and human resources executives lament their lack of time and tools to fulfill their fiduciary accountabilities with a high level of assurance and protection. This uncertainty is the main cause of their concern towards their personal liability as a fiduciary.

To meet this void, IBG offers a fiduciary guidance program that delivers excellence in plan management through independent governance and monitoring.

IBG can help Plan Sponsors manage their fiduciary duties and ease their anxiety by showing them how to:

  1. Demonstrate prudence through a document trail
  2. Understand the key factors around investment management decision making
  3. Adhere to the plan document and the committee's investment strategies
  4. Avoid conflicts of interest
  5. Monitor service providers according to the new global benchmarks of fiduciary excellence


Why Plan Sponsors use our fiduciary guidance program:

Easy to Use

IBG will specifically detail the services it will provide to a Plan Sponsor in a written fee for service agreement. This level of transparency will potentially save Plan Sponsors time and money while they gain access to the tools and services we can provide to help them manage their fiduciary responsibilities.


Document Decisions

Managed within a protected fiduciary document solution, investment committees can demonstrate ERISA's prudent requirements through a trail of informed decisions.


Continuity of Conduct

We can assist Plan Sponsors in providing continuity when new members are brought into the investment committee by documenting past decisions and training new members on their roles and responsibilities.


Clarify Roles and Responsibilities

 We help investment committees align internal responsibilities and benchmark the services of operational platform providers such as administrators, record keepers, custodians, and investment managers.