Diversified
can provide support to help your clients meet their fiduciary responsibilities.
All of our services — document drafting, technical compliance, investment
manager selection and monitoring and plan communications — are designed
to help support your clients in meeting their fiduciary obligations.
Investment Selection and Monitoring
Diversified's process for selecting and monitoring investment managers uses a disciplined, ERISA-based approach to identify experts in each investment style and asset class.
Plan Documents
Diversified's expert plan document team works in partnership with you and your clients to create and maintain a plan document to fit their needs.
Plan Communications
Our communications program gets results — because it is easy to follow, yet far-reaching in scope.
Plan Operations
Diversified ensures that each plan is operating in compliance with the plan document. We update plan documents and our system as regulations change. And we offer complete outsourcing services to ensure that each transaction is managed and executed appropriately.
For defined benefit plans, we offer multiple levels of fiduciary protection.
Diversified leads the industry in providing both responsive — and flexible — solutions to help ease fiduciary concerns. In fact, your clients can choose from three levels of support.
- Our most robust offering is Full Fiduciary Service, where Diversified assumes the role of investment manager within the context of ERISA. In this scenario, we take on as much fiduciary responsibility as legally possible. If your clients choose this service, they assign full discretion and control to our professional investment staff to manage plan funds within our institutional investment offerings.
- Alternatively, if your clients prefer to share fiduciary responsibilities with Diversified, they may elect our Co-Fiduciary Service. When this service is selected, Diversified works directly with you and/or your client to manage the allocation of the plan's funds based on previously agreed upon guidelines. Your client retains a level of control over the funds selected for their portfolio, while receiving the comprehensive support of a retirement plan investment expert.
- If your clients want to retain their own investment advisor or maintain control over their plan's investment decisions, they can choose our Advisor or Sponsor-Directed Service. With this approach, Diversified executes advisor or sponsor directions while still providing a supporting role in the selection and retention process.