Sentences with phrase «fiduciary plan specialist»

By Cerulli's numbers, less than 3 percent of the total advisor universe operated as an ERISA fiduciary plan specialist prior to finalization of Labor Department's fiduciary rule.

Not exact matches

But retirement specialists are just what broker - dealers and plan sponsors need now given the new DOL fiduciary rule and the growing number of lawsuits charging plan sponsors with excessive fees (at MIT, Yale and NYU among others) or self - dealing (Franklin Templeton, Neuberger Berman, American Century, New York Life).

Furthermore, within that small segment, 45 percent of those plan specialists do not offer services as an ERISA fiduciary.

Over the last three years, the firm has deepened its expertise by hiring specialists in corporate finance, AIM, commercial litigation, planning and, most recently, private international wealth and fiduciary with the appointment of a team of two partners from Penningtons Manches, Rob Macro and Neil Morris.