image_print

OCIO Searches – Trends in 3(38) Fiduciary Services

Curcio Webb has over a decade of experience assisting plan sponsors with 3(38) provider searches, which are commonly referred to as Outsourced Chief Investment Officer searches.

Phil Edwards and Uma Kolluri were recently interviewed for an article in PlanSponsor where they shared some of the market trends they see in the 3(38) fiduciary management marketplace. In this article, they were quoted as saying:

“Today the demand for 3(38) search, support and monitoring has moved up market into plans with billions of dollars in assets” as plan sponsors have a desire to focus more attention on their business they note. Interest from mid-sized and smaller plan sponsors remains strong as well. “The emphasis from many of the mid-sized and smaller plan sponsors is pursuing cost savings. These clients have an understanding that working with an outsourced chief investment officer [OCIO], as we tend to describe the 3(38) relationship, can help them purchase investments with far greater economies of scale.”

Read the full Matchmaker for 3(38) Fiduciary Services Talks Market Trends article.

 Should you hire an OCIO?

Read the OCIO selection case study by clicking the image below.

Outsourced CIO selection

Defined Contribution Plan Governance

Governance.

Documenting your investment committee decisions isn’t exactly exciting – but it is necessary if you want  to avoid problems down the road. Phil Edwards of Curcio Webb shares why it’s so important for investment committees for defined contribution plans need to spend time documenting their decisions.

This video is part of a series on Defined Contribution Plans.

This video is the second in our series, Managing Defined Contribution Plans.

  1. VIDEO 1: Focus on Outcomes 
  2. VIDEO 2: The Importance of Policy & Governance (this one)
  3. VIDEO 3: Using a Demographics-Based Investment Strategy

 

benefits administration advisor

Focus on the Outcomes of Your Defined Contribution Plan

Is your Investment Committee Focused on Outcomes?

Most are not. Most investment committees spend 80% of their time managing investments. We believe you should think and plan more holistically to achieve the goals that are best for your company – and for plan participants.

This video is the first in our series, Managing Defined Contribution Plans.

  1. VIDEO 1: Focus on Outcomes (this one)
  2. VIDEO 2: The Importance of Policy & Governance
  3. VIDEO 3: Using a Demographics-Based Investment Strategy

If after watching this video, you’d like to talk, schedule a 30-minute call with us!

benefits administration advisor