Fiduciary Support Analyzer Tool
Capitalize on opportunities while reducing a plan fiduciary’s risk by helping your clients and prospects assess their level of fiduciary support with the Fiduciary Support Analyzer. We know time is of the essence when you are trying to grow a business, the Fiduciary Support Analyzer tool provides:
- nine simple questions
- real-time feedback
- personalized output
In a matter of minutes, your clients and prospects can understand their fiduciary responsibilities and can take action to obtain the support they need to help meet their fiduciary obligations.
What is the Fiduciary Support Analyzer?
The analyzer uses a series of nine questions to uncover if a plan sponsor is possibly at risk of not having enough fiduciary support by assessing their:
- Knowledge of being a fiduciary
- Level of support in meeting their fiduciary responsibilities
- Access to fiduciary resources and tools
How does it work?
The analyzer offers an opportunity for financial professionals to help sponsors evaluate their level of fiduciary support and help determine if their current level is the right amount for them. Each time a selected answer is indicative of increased risk due to lack of fiduciary support, the risk meter moves further into the red, signifying a potential need for additional fiduciary support.
As a set of questions is completed, the analyzer will pause to review highlights of the section and to help educate your clients on fiduciary fundamentals, responsibilities, and opportunities.
Once all nine questions are completed, you and your client will receive a personalized report via email that will provide a comprehensive picture of their fiduciary support needs, giving you an opportunity to show them how they can garner more fiduciary support and services to help meet their obligations with ease.