Selecting the right investment advisor is one of the most consequential decisions a plan sponsor can make. Advisors influence everything from plan design and participant outcomes to fiduciary compliance and fee structures. Yet, with hundreds of advisory firms in the market, it can be difficult for plan sponsors to evaluate options objectively.
That’s where SBA comes in. Because we are fully independent and do not sell investment products of any kind, we are free from conflicts of interest. Our sole focus is to help you identify advisors that align with your plan’s objectives, governance practices, and participant needs.
Our process begins by working with you to establish key evaluation criteria, such as fiduciary experience, investment philosophy, participant communication capabilities, and fee transparency. We then design a rigorous RFP process that ensures each candidate is evaluated on the same baseline service set—creating true apples-to-apples comparisons.
SBA manages the entire process, from candidate identification and RFP distribution to finalist interviews and contract review. The result is a clear, data-driven recommendation that helps you select an advisor with confidence, knowing your decision is backed by an objective and well-documented process.
This service is available for the following benefit plan types:
| Defined Contribution |
Defined Benefit |
Health & Welfare |
Non-Qualified |
|---|---|---|---|