Foundations and Endowments Investment advisory services focused on foundations and endowments are a natural extension of BIA's disciplined approach to building and managing wealth. BIA has experience in helping non-profits balance the often-conflicted pressures of meeting immediate cash needs and growing their funds for future use.
BIA can assist a non-profit's Board of Directors in fulfilling their fiduciary obligation and assist it in developing an appropriate Investment Policy Statement that identifies and prioritizes financial goals. BIA will then meet with the Board periodically to review current investment performance and any needed changes in strategy.
To learn more about the fiduciary duties of endowment managers, click here
Retirement Plans
BIA can help business owners manage their retirement plans, including 401(k) plans. The Pension Protection Act of 2006 allows registered investment advisers like BIA to act as fiduciaries alongside plan trustees in order to help them fulfill their fiduciary obligations through quarterly reporting, ongoing due diligence and participant education.
BIA recommends to retirement plan sponsors many of the same high-quality managers that are found in our high net worth client portfolios. These plans feature low-cost retirement mutual fund shares and now also have the option of one-stop Target Date retirement funds.
Perhaps most importantly, BIA offers objective investment advice to plan sponsors without the conflicts of interest created by the commission structure of traditional retirement plan brokers.
