Expert Advice for Employee Benefit Fund Board of Trustees

Employee benefit fund board of trustees play a crucial role in overseeing and managing the funds that provide important benefits to employees. To fulfill their fiduciary duties effectively, trustees need expert guidance and advice to navigate the complex world of employee benefits. This is where professional trustee and independent fiduciary services come into play.

At Capital Professional Trustee and Independent Fiduciary Services, our principal, Marc Rifkind, brings a wealth of experience and knowledge to the table. With over three decades of legal experience in representing various employee benefit plans, Marc has a deep understanding of the intricacies involved in managing pension, health, and other employee benefit funds. In addition, his two decades of experience as a professional/independent trustee have equipped him with the skills to make sound decisions and provide valuable insights to trustees. For employee benefit fund board of trustees looking for expert advice, there are a few key considerations to keep in mind. First and foremost, it is essential to work with a professional who has a solid background in employee benefits law and a strong track record of success in this field. Trust is a crucial element in this relationship, so trustees should feel confident that their advisor has their best interests at heart. Secondly, communication is key. A good advisor should be able to explain complex legal and financial concepts in a clear and understandable manner, ensuring that trustees are well-informed and empowered to make informed decisions. Regular communication and updates are also important to keep trustees abreast of any developments or changes that may impact the fund. Lastly, experience matters. Trustees should look for an advisor who has a proven track record of success in managing and overseeing employee benefit funds. Practical experience and a deep understanding of industry best practices can make all the difference in ensuring the success and stability of the fund. In conclusion, employee benefit fund board of trustees can benefit greatly from expert advice and guidance provided by experienced professionals like Marc Rifkind at Capital Professional Trustee and Independent Fiduciary Services. By partnering with a knowledgeable and trusted advisor, trustees can navigate the complexities of managing employee benefit funds with confidence and peace of mind.