Non-profits

Fully understand your fiduciary responsibilities as an investment steward

Investment stewards—those responsible for managing investments within retirement plans, trusts, endowments and foundations—are facing heightened scrutiny from plan participants, beneficiaries, donors, charitable recipients, and state and federal regulators.

If you are one of those investment stewards, it is more important than ever for you to fully understand your fiduciary responsibilities. Many investment stewards do not realize they are fiduciaries—and fewer still are truly aware of the full scope of their responsibilities. Some believe that they are meeting those requirements by implementing investment recommendations made by outside investment advisors. However, not all advisors are bound by the fundamental requirement of the fiduciary standard: to act solely in the best interests of and with undivided loyalty to the plan or fund and its beneficiaries.

But you are!

If you or other members of your organization need guidance to evaluate and improve your fiduciary investment processes, you should consider engaging Fulcrum Wealth Advisors. We have experience working with non-profit organizations and assisting them develop the processes necessary to comply with proper fiduciary standards. 

In partnership with the Center for Fiduciary Study’s, Fulcrum Wealth Advisors assists organizations like yours to:

• Evaluate your organization’s current fiduciary practices and recommend actions that address risk areas and help ensure compliance with applicable state and federal law
• Create and maintain a comprehensive investment policy statement that documents all of the processes and procedures that will be used to manage your portfolio
• Analyze and optimize your portfolio’s asset allocation strategy to better align with the plan or fund’s specific investment objective or the demographic needs of plan participants
• Apply objective standards for evaluating and recommending appropriate investment options for your portfolio
• Monitor and report performance of your portfolio and its underlying investments on an ongoing basis and recommending changes when necessary
• Serve as a resource for education and assistance to help you understand and fulfill your fiduciary obligations with greater confidence