Jan
15
2010

Reish & Reicher Investment Manager Adviser Report October 2009

datePosted on 15:56, January 15th, 2010 by ARidgway

AD, Yes, If you read the Fred Reish article, Fred list four (4) primary tools to mitigate risk for investment related losses in participant accounts: #1 QDIA, #2 Participant investment advice, #3 404(c) compliance, and #4 Section 3(38) advisor. 401k SAFE covers all that Fred Reish mentions above. For example: We have Stadion taking care of #1 & #2. We are in compliance with #3 by the processes we have in place and with Ibbotson, we have the 3(38) investment advisor role covered. In addition, amsource is a full scope 3(21) advisor that has delegated the investment monitoring process to the 3(38) advisor. Hope this helps!

http://www.reish.com/publications/article_detail.cfm?ARTICLEID=867

Alan Ridgway
Senior Partner
amsource 401k SAFE
1608 13th Avenue South
Suite 200
Birmingham, AL 35205
1-888-401k-SAFE (1.888.401.5723)
Cell: 205.914.8412
www.amsource.net

——————————————————————————–
From: AD Financial Advisor, AIF
Sent: Wednesday, January 13, 2010 10:03 AM
To: Alan Ridgway
Subject: Follow up Question re 401k SAFE

Alan, I wanted to follow up on a specific question. Will 401k SAFE take on serving as the fiduciary under section 3(38) of ERISA and state that in writing?

Regards,
AD, AIF®
Group Retirement Plans

categoryPosted in General Articles | printPrint
Related Posts:

Warning: Use of undefined constant get_avatar - assumed 'get_avatar' (this will throw an Error in a future version of PHP) in /home/yxxc6erxv9kt/domains/blog.401ksafe.com/html/wp-content/themes/starscape/code/starscape_blog.php on line 69
Author: ARidgway
Recent Posts:

Warning: Declaration of StarscapeCommentWalker::start_lvl(&$output, $depth, $args) should be compatible with Walker::start_lvl(&$output, $depth = 0, $args = Array) in /home/yxxc6erxv9kt/domains/blog.401ksafe.com/html/wp-content/themes/starscape/modules/comments_walker.php on line 0

Warning: Declaration of StarscapeCommentWalker::end_lvl(&$output, $depth, $args) should be compatible with Walker::end_lvl(&$output, $depth = 0, $args = Array) in /home/yxxc6erxv9kt/domains/blog.401ksafe.com/html/wp-content/themes/starscape/modules/comments_walker.php on line 0

Warning: Declaration of StarscapeCommentWalker::start_el(&$output, $comment, $depth, $args) should be compatible with Walker::start_el(&$output, $object, $depth = 0, $args = Array, $current_object_id = 0) in /home/yxxc6erxv9kt/domains/blog.401ksafe.com/html/wp-content/themes/starscape/modules/comments_walker.php on line 0

Warning: Declaration of StarscapeCommentWalker::end_el(&$output, $comment, $depth, $args) should be compatible with Walker::end_el(&$output, $object, $depth = 0, $args = Array) in /home/yxxc6erxv9kt/domains/blog.401ksafe.com/html/wp-content/themes/starscape/modules/comments_walker.php on line 0

Leave a Reply

You must be logged in to post a comment.