This May, Smart Business caught up with CAPTRUST’s Steve Wilt, senior vice president and financial advisor, to get his thoughts on the importance of working with a genuine expert advisor.
“The best way to figure out if you have an expert advisor or not is to conduct due diligence. Meet with multiple advisors to ascertain what services they will offer,” said Wilt in the article.
Wilt suggests employers stay away from advisors who dabble or work in the space part time. Additionally, he suggests that along with a financial advisor or investment consultant, employers want to bring in an accounting firm for plan audits, an ERISA attorney, and an expert employee from human resources or finance.
To read the article in its entirety, click here.
CAPTRUST Financial Advisors is an independent investment research and fee-based advisory firm specializing in providing investment advisory services to retirement plan fiduciaries, endowments and foundations, executives, and high-net-worth individuals. Headquartered in Raleigh, North Carolina, the firm currently represents more than $298 billion in client assets with 38 locations across the U.S.