Products February 18, 2016

InHub Finds Another Advisory Partner in Cafaro Greenleaf

National retirement plan advisory firm Cafaro Greenleaf has announced a new strategic partnership with InHub, which specializes in digitizing and streamlining the vendor search and RFP process.
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A new technology partnership with InHub will allow Cafaro Greenleaf advisers to streamline and digitize vendor searches and the selection/documentation processes.

The firms say the partnership will bring more transparency and agility to the request for proposal (RFP) process used by Cafaro Greenleaf advisers. Specifically, InHub’s eRFP solution will allow Cafaro Greenleaf advisers to “create a customized RFP questionnaire for each client, submit the questionnaire to chosen candidates, evaluate proposals side-by-side, take notes online and prudently document the entire process for a fiduciary audit file.”

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“Selecting a retirement plan service provider is one of the most crucial decisions plan fiduciaries make,” adds Wayne Greenleaf, managing principal of the advisory firm. “InHub’s solution allows us to run that process much more efficiently for our clients.”

Leveraging the new technology, Cafaro Greenleaf advisers will “continue to lead retirement plan committees in the development and review of RFPs, primarily for recordkeeper or investment provider reviews, for both ongoing due diligence or potential replacements.”

According to Greenleaf, plan committee clients will also gain cloud-based eRFP access. “We’re committed to giving our plan committee clients as much confidence in knowing that they’re making the most well-informed and appropriate decision in the search and selection process,” he concludes.

Products February 18, 2016

Guardian Adds to Managed Account QDIA Capabilities

Guardian Insurance and Annuity Company is partnering with Brinker Capital Destinations to deliver a new CIT-based qualified default investment alternative to retirement plan clients.
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A new managed account qualified default investment alternative (QDIA) has been added to The Guardian Choice and The Guardian Advantage programs, built around collective investment trust (CIT) portfolios from independent investment advisory Brinker Capital Destinations.

According to the firms, the new CIT-based QDIA option is delivered via five professionally managed risk-based portfolios, offering investment strategies ranging from conservative to aggressive that feature a blend of mutual funds and exchange-traded funds. Each portfolio utilizes a multi-asset class approach and targets a specific investment objective, utilizing aspects of active management and core-satellite portfolio construction.

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Douglas Dubitsky, vice president at Guardian Retirement Solutions, says the new offering “represents each organization’s strong commitment to provide multiple managed account QDIA options to the small plan market space and help participants reach their long-term investment goals.”

Roddy Marino, executive vice president of national accounts and distribution at Brinker Capital, says the firm looks forward to the partnership with Guardian. “We are proud of Destinations’ long-standing track record as a disciplined investment solution, and our 10-year anniversary as a Retirement Plan Services provider,” Marino said. “Making our solution available through a large and prestigious partner such as Guardian significantly expands its availability to retirement plan investors.”

For more information visit www.GuardianLife.com. 

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