The DOL's and SEC's combined efforts to regulate the investment and advice industry over the years, by strengthening the application of the fiduciary standard, have been challenging. Serving in client's best interests by removing conflicts is common sense. We welcome the rest of the industry, with or without additional fiduciary regulations, to join our way of life - to carry out actions in good faith with undivided loyalty and due care. Learn more about our fiduciary services:

Fiduciary Consulting

We help ERISA stewards develop a framework and process to meet their responsibilities and obligations in achieving the overall goals and objectives of the retirement plan.

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Plan Design Consulting

We believe careful plan design with provisions that overcome the drawbacks of participant behaviors would positively impact retirement outcome.

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ERISA Investment Consulting

We create a reasoned and practical Investment Policy Statement that guides the process to identify, select and monitor prudent investment methodologies and vehicles.

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Looking for a speaker on target date fund selection and benchmarking; using managed accounts as a QDIA; revenue sharing; or other retirement plan sponsor best practices? Consider Philip Chao, Principal and CIO of Chao & Company.

"Philip has spoken several times at SPARK conferences, on topics that include investment trends and the changing needs of retirement plan sponsors. My members found Philip engaging, passionate and insightful. His presentation style is charming and full of real world experiences that he draws from his work with clients."


Retirement Plan & Fiduciary Consulting Latest

Philip Chao in InvestmentNews Article on Retirement Plan Advisers Needing B-Ds

The reasons for affiliating with a brokerage have changed as adviser compensation has evolved. Please read the entire article here.

Philip Chao in InvestmentNews Article on Managed Accounts Push in 401(k) plans

Some providers are paying incentive compensation to representatives to promote their managed accounts to participants. Please read the entire article here.

BICE Implementation Delayed Until 07-01-2019

The U.S. Department of Labor extended the transition period for fiduciary rule exemptions. Here is the link to the press release on the DOL website.