Fiduciary Review
A fiduciary is a trustee, investment committee member or other individual responsible for the general management of an investment portfolio, irregardless of whether such a 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.

The most important tasks of a fiduciary are:

  1. Determining the portfolio's mission and objectives.
  2. Choosing an appropriate asset allocation strategy.
  3. Establishing an investment policy consistent with the portfolio's objective.
  4. Selecting investment managers to implement the investment policy.
  5. Monitoring investment results.

Our consulting services focus on these tasks to enhance our client's fiduciary capabilities and, thereby, reduce their liability. In many cases, Strategies LLC 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 than anything, this demonstrates the confidence we hold in our services and the importance we place on our client's and their beneficiaries'/participants' 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. Abducing this responsibility to an inappropriate party is not the answer. At Strategies LLC, we understand the uncompromising importance of fiduciary responsibilities and we provide and implement the processes necessary for fulfilling these responsibilities. This is Strategies LLC.