When you’re looking to hire a qualified expert, you likely do your homework first. Whether you need a carpenter to build a new garage, a surgeon to perform a complex procedure, or a photographer to take a family portrait, you want to know as much about those providers as possible in order to find the right fit.
When seeking the help of a retirement plan advisor, potential plan sponsor clients are no different—and for good reason. They bear the responsibility of fiduciary liability and of being a steward for their employees’ retirement assets. As such, when plan sponsors are seeking the help of an advisor to manage those obligations, asking the right questions will be a key part of their decision-making process.