What is a 3(38) Fiduciary? (And Why you Should Care)
In the ERISA landscape, “fiduciary” is more than a buzzword; it is a legal standard that carries significant weight. For advisors and plan sponsors, the 3(38) Investment Manager serves as a critical tool for risk mitigation and operational efficiency. By definition, a 3(38) fiduciary is an investment manager who assumes full discretionary authority over a […]