STRATEGIC PARTNERS

Fiduciary Article provided to BNHRA Members by Westminster Consulting (March 2017)

Fiduciary Article provided to BNHRA Members by Westminster Consulting (March 2017)

We apologize for the bad news
Many of our readers are fiduciary trustees for large pools of money: pension funds, charitable foundations, employee welfare & retirement plans, and so on. You, the fiduciaries, should be applauded for adopting this burden, for it is often an under-appreciated duty. As fiduciaries, you are responsible for a great deal and the scope of your responsibilities is ever increasing.

At Westminster Consulting, we sometimes are bearers of bad news. It would be easier to tell investment committees all the ways that their attention wasn’t required and how much more leisure time everyone gets. In reality, we are obligated to explain where your fiduciary duties are.  Read more....