Vested Interest will make available Mesirow Financial’s fiduciary services, which combine monitoring and analysis of the plan’s investment lineup with customized training and marketing programs.
Under the 3(21) service, Mesirow Financial’s Investment Strategies team will act as an investment fiduciary to the plan along with the plan sponsor, who maintains control over the plan’s investment menu. Plan sponsors will be provided with an “Elite List” of investment options, which will be closely monitored by the quarterly Mesirow Financial POLICE Report.
With the 3(38) plan, in addition to the quarterly reporting, Mesirow Financial’s Investment Strategies team assumes discretion for investment option selection, acting as the investment manager to the plan. Offering both fiduciary service options enhances the customization for plan sponsors, whose needs vary from plan to plan.
For more information, visit mesirowfinancial.com.