Fiduciary Benchmarks, Inc. (FBi) has developed the industry’s most advanced benchmarking tool that satisfies the fiduciary obligations under ERISA and proposed regulation 408(b)(2). In addition to the benchmarking of fees, services and success measures, FBi will offer industry research based on the aggregate data gathered as part of their benchmarking business.
The biographies and depth of experience of the FBi staff is impressive and CRIC can testify to their depth of knowledge.
Tom Kmak, CEO and Co-Founder, Tom Kmak, former CEO of JPMorgan Retirement Plan Services (1990-2007).
Olena Berg Lacy, Sr. Vice President, Director and Senior Advisor for Financial Engines (1998 – present)
Craig Rosenthal, 23 years in the industry including President for PLANSPONSOR Pathfinder (2006-08)
Randy Namin, also 23 years in the financial services industry
Matt Golda, CFA, has been analyzing investments for 15 years.
After researching the available benchmarking services in the marketplace CRIC signed an agreement with FBi in May 2009. The FBi Proponents Code of Ethics requires a commitment to full disclosure of all fees for all clients which has been a guiding principle for CRIC since inception.
CRIC is pleased to announce that FBi began publishing final reports in November 2009 and, with a couple of changes to the order of quarterly information, expects to include your first FBi report in your next quarterly review.
Castle Rock Investment Company, formed in 2006, is an independent woman-owned SEC-registered investment adviser located in Castle Rock, Colorado. We specialize in individual financial plans and qualified service plans.