It’s simple: Being a great fiduciary is a lot like being a great decision-maker. What matters most to the DOL and the courts is that a fiduciary is able to show the details of the decision-making processes, and that that process is:
in the best interests of participants;
inclusive of genuinely accepted investment management theory; and
reflective of industry best practices.
So, what are the 7 signs you’re a great fiduciary?