At a time when concern over medical costs has companies refocusing the economics of their benefits programs, the RF™ validation process offers comfort in the knowledge that their benefit dollars will be used most efficiently with their plan.
Phoenix, AZ (PRWEB) May 10, 2013
John L. Scott, managing director of 401(k) Advisors - Arizona, has successfully completed the training, validation and testing necessary to become a Registered Fiduciary™. Scott is one of only eight advisors in Arizona and 77 nationwide to receive this designation. The Registered Fiduciary™ ("RF™") Certification identifies financial professionals and organizations as competent fiduciaries that have achieved pertinent educational qualifications and licenses, learned required skills, and have passed a background check.
The RF™ designation to Scott recognizes particular skills in the area of 401(k) plans. In addition to educating employees on the principles of financial security, vendor benchmarking and selections, plan metrics and matching the benefits with company objectives, plus retirement readiness, Scott guides employers through the fiduciary responsibilities they must meet in offering retirement solutions to their people. In acting as a Registered Fiduciary™, Scott and his firm are committed to always acting in the best interest of clients, using the skills, ethics and focus on the client needs that the Certification represents.
"At a time when concern over medical costs has companies refocusing the economics of their benefits programs, the RF™ validation process offers comfort in the knowledge that their benefit dollars will be used most efficiently with their plan, and employees are being served at the highest level of due care," said Scott.
The Registered Fiduciary Certification is based on the 2010 Fiduciary Standards of the Fiduciary Standards Board and validated by DALBAR, Inc., the independent expert. The Fiduciary Standards Board is a not-for-profit 501(c)(3) organization established in September of 2000 to develop and advance standards of care for investment fiduciaries, which includes trustees, investment committee members, brokers, bankers, investment advisers, money managers, etc. The Fiduciary Standards Board is independent of any ties to the investment community and therefore positioned to be a crucible for advancing fiduciary standards throughout the industry and to the public.
About DALBAR, Inc.
Dalbar, Inc. is the financial community's leading independent expert for evaluating, auditing and rating business practices, customer performance, product quality and service. Launched in 1976, Dalbar has earned the recognition for consistent and unbiased evaluations of investment companies, registered investment advisers, insurance companies, broker/dealers, retirement plan providers and financial professionals. Dalbar awards are recognized as marks of excellence in the financial community.
About 401(k) Advisors – Arizona
401(k) Advisors - Arizona, is a qualified retirement plan consulting company, whose services help protect plan fiduciaries from personal and corporate financial liability, while enhancing investment opportunities for plan participants. As fiduciaries, the 401(k) Advisors team maximizes retirement plan outcomes by increasing investment performance, reducing plan expenses, improving plan efficiency, and helping sponsors to meet ERISA compliance requirements.
For more information, please contact John Scott at john(at)401kadvisorsarizona(dot)com or (480) 663-0110.
Securities and investment advisory services offered through Financial Telesis, Inc. 4340 Redwood Highway, Suite A-23, San Rafael, CA 94903. A registered broker/dealer. Member FINRA & SIPC.