To avoid fiduciary breach claims due to costs, there are several things an investment committee can do to avoid being dragged into court by their participants. 1) Make certain your investment committee is proactive and members either have the expertise to perform or engage those that do. The reality is all fiduciaries have potential liability … Continue reading Staying out of trouble as a fiduciary
Category: 401(k)
The benefits of a US total market index fund
In addition to the low costs, the US total market index funds offer broad diversification. While asset allocation "experts" will say that you need a separate asset class sleeve for US Large, Mid, and Small Cap stocks in your asset allocation approach. The reality is Harry Markowitz, Nobel laureate for Modern Portfolio Theory, said unless … Continue reading The benefits of a US total market index fund