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The Surprising Benefits of a 3(38) Fiduciary
CAPTRUST Financial Advisors
June 30, 2017 "3(38) investment managers are a distinct breed of fiduciaries legally required to act in their clients' best interests when it comes to choosing funds and managing assets. They select, monitor, and benchmark retirement plan investments on a discretionary basis.... Smaller companies are happy to reclaim time; larger companies are often glad to unload some of the risks that aren't core to their businesses. But any size company is pleased when its investments achieve better outcomes." MORE >> |
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