Running a successful retirement plan is an inherently complex activity. While it can’t be made simple, it can be made clear.
Organization, thoroughness, and thoughfulness.
Vergence Institutional Partners delivers investment, plan, and fiduciary process consulting services to corporate, non-profit, multi-employer, and governmental retirement plan sponsors. We provide our retainer services a co-fiduciary. All our services are paid for in flat fees, expressed in dollar terms and agreed upon beforehand.
We offer a flexible range of services broad enough to provide customized support to each unique client, spanning fiduciary, investment, and plan design disciplines.
Fiduciary Process Consulting
Carefully crafted and executed fiduciary processes are critical to the success of plan sponsors (and participants). We can help establish, improve, and maintain thoughtful, consistent fiduciary processes and guidelines, and position investment committees to perform with confidence.
- Committee Charter Design and Review
- Investment Policy Design and Review
- Committee Member On-Boarding
- Fiduciary and Investment Training
Investment Consulting
Investment structure is a careful balance of foundation and choice; a thoughtful application of active and passive. Manager selection is part process and part experience; not only seeking performance but also limiting surprises and avoiding operational problems. The partners have specialized experience designing plan menus and conducting institutional manager research over multiple market cycles.
- Investment Structure Evaluation and Design
- Manager Search and Recommendation
- Investment Review and Manager Analysis
- Investment Expense Benchmarking
Plan Consulting
A competitive, effective plan depends on selecting features that address unique participant needs, scrupulous attention to cost vs. value, and a thorough understanding of recordkeeping. The partners have worked with plans of all stripes and have experienced recordkeeping and managed accounts from the inside.
- Plan feature and design review
- Plan benchmarking
- Fiduciary meeting support
- Managed account review
- Recordkeeping vendor search
How We Work.
We don’t see ourselves as vendors. We view ourselves as an extension of the sponsors and investment committees with whom we work.
Customized Service
We work with each client to determine which specific services are required to meet their needs and how we can best tailor the delivery of those services to match their organization’s culture and preferences. We want to ensure that expectations are clearly set, mutually agreed to, and then delivered on in every relationship.
Senior-Level Interaction
Every aspect of our service is delivered by the partners, from investment reviews to investment due diligence to coordination with other providers. Our broad experience helps us work with clients to implement prudent processes and strategies, avoid problems before they occur, and facilitate the success of both plan sponsors and participants.
Teamwork
We believe that there shouldn’t be an adversarial relationship between a plan’s consultant and their other providers. We want to be an integral, trusted extension of the investment committees we serve.
Please contact us for further detail regarding all the services we provide and how they might be customized to help you and your organization.