A fiduciary is a trustee,
investment committee member or any individual
responsible for the general management of
an investment portfolio, regardless of whether
an investment portfolio is in a trust, endowment,
foundation, pension plan or simply managed
for another person. In other words, a fiduciary
is defined as someone acting in a position
of trust for the benefit of a third party.
|
Our consulting services
focus on the above tasks to enhance our
client's fiduciary capabilities and, thereby,
reduce their liability. In many cases, PENTEK
Advisory Group acts as a co-fiduciary to
the portfolio. Furthermore, we accept this
responsibility in writing - this is something
few firms are willing or able to provide.
More importantly, this demonstrates the
confidence we hold in our services and the
value we place on client and participant
satisfaction.
The role and responsibility
of the fiduciary cannot be taken lightly,
nor need it place undo weight on those fiduciaries
with limited experience in this field. Delegating
this responsibility to an inappropriate
party is not the answer. At PENTEK, we understand
the uncompromising importance of fiduciary
responsibilities and we provide and implement
the processes necessary for fulfilling these
responsibilities. This is another value-
added benefit of selecting PENTEK for consulting
services. |