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.

Learn More

Plan Design Consulting

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

Learn More

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.

Learn More

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."

TIM ROUSE, EXECUTIVE DIRECTOR, THE SPARK INSTITUTE, INC.

Retirement Plan & Fiduciary Consulting Latest


Financial Choice Act – Replacing Fiduciary Rule


H.R. 10 - THE FINANCIAL CHOICE ACT of 2017 A REPUBLICAN PROPOSAL TO REFORM THE FINANCIAL REGULATORY SYSTEM APRIL 24, 2017 Investor Protections (Page 124 to Page 125 of the Comprehensive Summary[1] to...

Supreme Court Decision on Tibble v Edison


 The Supreme Court stated that fiduciary duty under the Employee Retirement Income Security Act of 1974 (“ERISA”) is derived from the common trust law, and its decision affirms the fiduciary...

DOL Issued Field Assistance Bulletin No 2017-02 – TEMPORARY ENFORCEMENT POLICY ON FIDUCIARY DUTY RULE


The Fiduciary Rule published in the Federal Register on April 8, 2016, became effective on June 7, 2016, and had an original applicability date of April 10, 2017 is now applicable on June 9, 2017. The...