(Non Broker/Non Vendor)
Virtually everyone hopes to conclude their career and enter into a comfortable retirement. But with Americans’ and the World’s personal savings rate in the single digits—and several polls indicating that workers are retiring later than anticipated—the pathway to a secure retirement is a challenging task for both individuals and employers.
In the effort to address these challenges, many CFOs, Investment Committees and Human Resource departments do their best to provide retirement plan options. Most large employers do what they can through 401k’s, local government mandated plans or the more-traditional Defined Benefit or Defined Contribution plans. Some use employee stock options or discount share purchase plans. The goal: to attract and retain key employees.
Still, the complexity of retirement plans, the cost and time to implement and administer them, along with the cost of expert talent, makes it a significant challenge. Add to this a variety of vendors and the array of products, is no wonder that many CFOs and Investment Committees are frustrated with the current provider/vendor delivery system they may have in place… yet are resistant to make a change and invest time in lengthy broker/vendor interviews.
That’s where CMR + PolicySmart® can help. Using our trademarked e-sourcing system, The CMR Database® of over 2,000 Broker/Dealers, Advisors, Administrators, CPAs, actuaries and custodians, clients have been able to save millions of dollars, often without leaving existing relationships. The database tracks such characteristics as: assets under management (AUM), investment performance, historical price trending, peer-pricing data, plan designs, industry segmentation, servicing teams, fees, 408(b)3 fees, basis points and more for millions of programs worldwide. With risk is also a concern, we can help you manage your commercial liability insurance cost. We have done the leg work and you receive the benefit of our 10-years plus of independent industry research.
At CMR, we act free from industry conflicting interests and incentives. We will provide independent and unbiased advice as to selecting the best in class industry experts who can provide you the solutions to attain your organization’s retirement goals and objectives.
Here is how the process works:
INITIAL STEPS (COMPLIMENTARY)
ONCE WE ARE FORMALLY ENGAGED
AREAS OF CMR TECHNICAL EXPERTISE/OVERSIGHT/PRODUCT LINES
FIDUCIARY BREACH LAWSUIT HISTORIES