Financial advisors who work with Synergy Financial Management, LLC (SFM) access our professional management capabilities, including custom-built solutions that help you successfully compete in the 401(k) marketplace.
Every situation is unique. We are committed to helping you discover and prioritize what is most important to you and your clients, and then building a solution that fits. From presale to participant enrollment to post-implementation monitoring, we have a plan.
Whether you are using our proprietary investment philosophies and process, following our models, or asking us to consider your investment philosophies, we will develop an Investment Policy Statement (IPS) and fulfill our duty as a 3(38) fiduciary partner.
We help you construct portfolios, philosophies, and processes that address your investor’s diversification needs, risk parameters, and life goals.
As your partner, we can help guide you through the 401(k) client acquisition and implementation process, develop client retention strategies, and help you expand your 401(k) business.
We stand ready to connect with you one-on-one at anytime. With our deep and extensive financial professional background, we can discuss a wide range of topics ranging from asset allocation or focused portfolio strategies, to tax strategies, hedging strategies and even marketing and branding. The financial world is our stage and you are our star. Let us help you shine!
We will help you make sense of the markets, economics and geopolitical risk on a quarterly basis. Share our insight with your clients and add your insights to ours.
You and your client can enjoy the peace of mind that we carry an ERISA E&O insurance policy and bond.
Section 3(38) is an “investment manager” and by definition is a fiduciary because they take 1) discretion, 2) authority, and 3) control of the plan’s assets. ERISA provides that a plan sponsor can delegate the significant responsibility (and significant liability) of selecting, monitoring and replacing of investments to the 3(38) investment manager fiduciary.
A 3(38) fiduciary can only be (a) a bank, (b) an insurance company, or (c) a registered investment advisor (RIA). (Synergy Financial Management, LLC is a SEC registered Investment Advisor- RIA) subject to the Investment Advisers Act of 1940.
Once a 3(38) is properly named, the plan sponsor effectively hands over authority to the 3(38) fiduciary to make investment decisions. The 3(38) fiduciary (SFM) therefore assumes legal responsibility and liability for the decisions it makes, which enables the plan sponsor to better manage and mitigate their fiduciary risk.