Broker Check

Employers/Plan Sponsors

Employers & Plan Sponsors

Fidelis Fiduciary Management provides independent expertise to assist with the critical responsibilities of being a plan fiduciary. We can serve as either an ERISA 3(21) investment advisor or a 3(38) investment manager, based on your preference.

By becoming a fiduciary for your plan, Fidelis Fiduciary Management allows you to put your focus where it should be - on running your business. Your advisor can focus on maximizing the effectiveness of your plan, while we focus on the investment fiduciary role.

When you partner with Fidelis Fiduciary Management, you can be confident that your plan's investment menu is customized for your individual situation; that you can contact us when you have concerns; and that you are receiving the benefit of ERISA fiduciary support.


3(21) or 3(38)?

Fidelis Fiduciary Management can serve as an ERISA 3(21) fiduciary advisor or 3(38) investment manager, depending on your needs.

As a 3(21) fiduciary, Fidelis can recommend one specific plan-level investment menu or prepare multiple lineup options for you to consider. In this capacity, we make recommendations, and you make the final decision.

When we act as a 3(38) investment manager, you turn over to us control of investment decisions and transfer the liability for selection and monitoring of investments. You, as plan sponsor, retain the responsibility to make sure service providers (including Fidelis) are qualified, and performing as required.