A Customized Approach
The retirement plan landscape has changed significantly over the last 30 years. This transformation has only intensified in the aftermath of the “Great Recession” of 2008-9. For years, the typical plan sponsor’s primary concern was to capitalize on the seemingly unstoppable growth in the market. Even the devastation that followed the “Dot Com Bubble” was perceived as isolated to the more speculative areas of the market.
However, in the last couple of years we have witnessed a Sea Change in the investment world. The lesson that no one is immune to the inherent risks of the market has been learned by all.
Today’s plan participants must weigh these risks (i.e. financial risk, inflationary risk, market risk, etc.) against their personal retirement objectives. Plan sponsors and trustees must add to this list their fiduciary responsibilities and the risk of future litigation.
Savant Investment Group entered this tumultuous environment 20 years ago. While our primary business is wealth management, our years in the industry have provided us vast resources and knowledge in the areas of risk management and plan services.
The best retirement plans and services help mitigate the harsh realities of the current landscape. Savant Investment Group assumes a great deal of fiduciary responsibility. We have built a model upon the premise laid out in ERISA section 3(38) which allows for the delegation of the significant responsibility to select, monitor and replace investment options in the plan to us as an “Independent Fiduciary”.
The scope of Savant Investment Group’s retirement plan services aims to address the three primary features of the current landscape: