Advisor/Consultant Search

The Environment

Hiring a consultant to assist your Committee with managing fiduciary liability has become more complex in today’s environment. Determining the appropriate service structure and identifying relevant experience dramatically increases your odds for success. How can you increase your odds of success? One way is to partner with a professional who understands the marketplace and has developed an unbiased process for selecting a consultant. Comperio Retirement Consulting works with clients on a one-time project basis to assist in the identification of potential advisor/consultants partners. Our formalized search process maximizes the likelihood of including quality firms and analyzing the firms ability to add value to your retirement program.

The Client

• Global Manufacturing Firm
• Retirement Plan Assets: $550 Million
• Number of Active Participants: 1,000+
• 10 year relationship with current consultant
• Consultant providing limited plan related services

Goals

• Identify an appropriate retirement plan consulting model
• Evaluate a comprehensive list of advisor/ consultant partners

Approach

• Qualitative and Quantitative Review of each Candidates Capabilities
• Understanding of Client Interactions
• Negotiate appropriate fees for services