Retirement Plans: Partnership Approach
Innovest delivers powerful, innovative investment solutions to retirement plan sponsors. We understand the unique needs of defined contribution and defined benefit plan sponsors. Our clients receive a custom solution designed to exceed, not just meet their expectations.
• Steadfastly independent and objective -
Our fee-only structure allows us to truly sit on the same side of the table with the client in offering completely objective and independent advice. Unlike brokers that dominate the retirement plan market, Innovest is not limited to commissionable platforms, but are driven by high quality solutions at low prices to the plan sponsor.
• Focused client advocates -
We have the strength and expertise in the retirement plan marketplace to secure custom solutions and negotiate lower costs. There are a myriad of retirement plan vendors and investment products. As a result, plan sponsors have difficulty objectively comparing various solutions. In addition, these fiduciaries rarely know the full extent of the fees they are paying for their investments and other services. Innovest has evaluated over 55 different retirement plan providers and have recently taken over 50 plans out to bid. Innovest unique plan benchmarking is based on what they could receive in a competitive environment.
• Forward looking investment experience -
We must be proactive and forward focused in every aspect of our pursuit to increase returns while decreasing risks, and costs. Marketing departments push past performance, reinforcing the tendency of investors to chase performance, i.e. buy high and sell low. Our motivation is to identify quality strategies, talented managers and products with a sustainable edge in the future.
• Deep professional team -
Our clients are not hiring a name, they are hiring our people. Our team is comprised of complementary professionals who possess a unique combination of talent and integrity. Our people have backgrounds in money management, investment consulting, accounting, benefits consulting, fiduciary consulting, plan administration, and financial planning. We use this expertise to be valuable partners with our clients and their trusted advisors. Our performance is powered by people.
• Effective participant education -
We provide objective education, marketing and counseling services that convey complex information in easy-to-understand terms, and inspire plan participants to make informed decisions. Our products, services and methods are truly unique, because they were built by front-line employee benefit professionals who work directly with participants and employers. Over two decades of “hands-on” working knowledge and experience produced an expansive collection of successful programs.
• Valuable fiduciary education -
We believe that an ongoing fiduciary education program is an absolute necessity. Informed, knowledgeable fiduciaries are more likely to make better decisions and avoid mistakes that may breach their responsibilities. Our programs are customized for each client’s fiduciaries, plan attributes and vendors.
• Sound fiduciary approach -
Our unique fiduciary and investment process is designed to provide a safe harbor for plan sponsors, trustees and investment committees. We are well equipped to assist our clients and are nationally recognized experts in the fiduciary responsibility arena. Innovest has a thriving expert witness practice focused on fiduciary and investment issues.
Retirement boards and investment committees benefit from Innovest’s experience in the retirement plan marketplace. We use that expertise to equip plan sponsors to effectively manage their fiduciary liabilities in the areas of investments, vendor selection, and cost control. We strive to deliver a custom solution designed to exceed, not just meet our clients' expectations.
