Fiduciaries Not Just In Name, But In Practice

"Maximizing your company retirement plan today requires qualified plan advisors to oversee and monitor retirement plans – with the credentials and experience to back it up."

Richard Applegate, CFP®, AIFA®, CPFA, CHFC®, CLU®

Managing Director, DBR Fiduciary Plan Solutions

Why you should consider a firm that specializes in Retirement Plan Solutions

Plan Trustees and Retirement Committees that use a Retirement Plan Advisory Firm specialized in fiduciary and investment consulting can experience a better understanding of their own fiduciary responsibilities, improved plan performance and greater support and financial education for their employees.

As a Registered Investment Advisor (RIA), we will commit in writing:​
 

  • To serve as a co-fiduciary for your plan either as a 3(21) or 3(38) advisor

  • To provide independent advice free of the conflicts of interest you might find in other advisers 

  • To offer expertise and ideas based on industry best practices

  • To service your business with fully disclosed advisor fees that can be easily supported as reasonable.

VIDEO
We offer Fiduciary Training for Plan Administrators
 
Rick Applegate and David Root discuss critical questions about Fiduciary responsibility

DBR Fiduciary Plan Solutions

Our Pillars of Service

Fiduciary Assessment

  • A standalone engagement intended to identify the level of a plan’s adherence to DOL, ERISA and industry best practice standards

  • An assessment consists of three phases: evaluation, recommendations and implementation

  • Varying levels of detail and complexity are covered in a written report

Administration & Reporting

  • Review trustee processes and/or committee structure for administrative policies and procedures

  • Assist with the development and maintenance of a fiduciary audit file and documents retention policy

  • Deliver fiduciary training and/or education 

  • Review plan sponsor objectives for the plan and options available to reach their goals

Service Providers

  • Assist with identifying plan services and products for fiduciaries to consider

  • Assist with a process to select, monitor and replace service providers

  • Conduct RFP due diligence

  • Benchmark the reasonableness of outside service provider fees

Investments

  • Assist with development of an Investment Policy Statement (IPS)

  • Recommend investment options based on
    the IPS

  • Monitor performance and expenses of investment options

  • Deliver either quarterly or semi-annual investment monitoring reports

  • Recommend and monitor Qualified Default Investment Alternative (QDIA)

Differentiating Characteristics of an Independent, Conflict-Free, Fiduciary Advisor Practice

DBR Fiduciary Plan Solutions Value Proposition:

 

  • Assist trustees and Retirement Committees to develop fiduciary processes that are definable, measurable and repeatable

  • Avoid conflicts of interest by placing the clients’ interests first always, a practice of DBR Fiduciary Plan Solutions long before it became a requirement for other firms to follow

  • Our team’s extensive expertise allows for a working knowledge of best practices for plan delivery and operation as offered by all outside service providers

  • We contract as a co-fiduciary, accepting liability in writing for the advice we provide

  • We recommend a wide range of carefully vetted investment options to retirement plan clients supported by a plan’s IPS

  • We have the ability to provide plans with custom risk-based models, comprised of the plan’s underlying investment options

Our Team
IMG_1639 copy.jpg

SENIOR FINANCIAL ADVISOR / 
MANAGING DIRECTOR,
FIDUCIARY PLAN SOLUTIONS 

FINANCIAL ADVISOR

CLIENT SERVICE ASSOCIATE

SENIOR FINANCIAL ADVISOR /

MANAGING DIRECTOR,
GREAT LAKES REGION

 
Learn more about DBR Fiduciary Plan Solutions

For more information or to set up a free consultation on your company's qualified retirement plan, contact:

 

Richard R. Applegate, CFP®, AIFA®, CPFA, ChFC®, CLU®

Senior Financial Advisor

rapplegate@dbroot.com

412-227-2800

Paul Abendroth, AIF®

Senior Financial Advisor

pabendroth@dbroot.com

419-574-9342

Where to find us:

MID-ATLANTIC REGION

 

436 Seventh Avenue, Suite 2800

Pittsburgh, PA 15219-1818

-

Phone: 412.227.2800

Toll Free: 888.227.0913

Fax: 412.227.2805

GREAT LAKES REGION

 

811 Madison Ave, 7th Floor

Toledo, OH 43604

-

Phone: 419.574.9399

Toll Free: 888.227.0913

Fax: 419.574.9356

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