Press Release

Goalpath Solutions Incorporates the Broadridge Fi360 Fiduciary Score® Into Its Investment Strategies

Issued by GoalPath Solutions, LLC

May 12, 2022

Select GoalPath investment strategies will leverage the investment peer ranking methodology to support prudent fiduciary management

GoalPath Solutions, LLC, an independent RIA and advisor success platform is pleased to announce the availability of GoalPath investment strategies that now incorporate the Fi360 Fiduciary Score®, an investment rating system from Broadridge’s fiduciary technology, data, and education business. The Fi360 Fiduciary Score is a transparent method for objectively comparing peer investments and determining an investment's overall fiduciary appropriateness. The Score is calculated monthly for investments with at least a three-year history including open-end mutual funds, exchange-traded funds, collective investment trust funds, and group retirement plan annuities.

“The team at Broadridge does incredible work on behalf of advisors and fiduciaries,” said Vern Cushenbery, GoalPath Solutions’ CIO and Co-founder. “The GoalPath Fi360 Target Date Funds will showcase fund scoring and fund selection and give advisors a tool to upgrade their QDIAs to a new “best-practices” solution that includes an open-architecture approach and multiple glidepaths.”

Mr. Cushenbery added, “by incorporating the Fi360 Fiduciary Score methodology into our investment management process, we offer advisors retirement plan-ready investments with prudent fiduciary considerations built in. This does not eliminate their oversight responsibility, but it does potentially make their job easier knowing we are adhering to these rigorous quantitative standards of investment selection.”

John Faustino, head of Broadridge’s fiduciary technology, data, and education business, added, “The Fi360 Fiduciary Score is a meaningful investment ranking system used by thousands of advisors as part of a comprehensive due diligence process. While fund monitoring remains an important fiduciary task, advisors who want to scale operations by delegating some responsibilities may find great value for their clients by leveraging an asset manager whose fund selection due diligence philosophies align with theirs.”

About GoalPath Solutions

As an independent Registered Investment Adviser (RIA), GoalPath supports retirement plan advisors with an array of CITs, model portfolios, and managed account programs for qualified retirement plans. The firm’s CEFEX-certified, financial advisor back-office service platform delivers investment, practice management, lead generation, and financial wellness solutions to help industry partners differentiate and scale. Learn more at goalpathsolutions.com.

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