What’s the difference between HFG and other pension plan consultants and service providers?
HFG’s business model is fundamentally different than that of investment consultants. First, consultants have traditionally avoided fiduciary status.. Second, consultants often approach these engagements with an investment manager business model. They charge fees based upon assets under management as well as, sometimes charging performance fees. HFG provides fiduciary services and receives a flat fee for these services. Many firms such as trust banks, investment consultants and investment managers approach pension engagements either from the perspective of a fiduciary or from the perspective of an investment professional. HFG integrates these two disciplines and readily accepts fiduciary duties.
