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.”
“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.