Fiduciary Services
Your Financial Goals, Brought into Focus.
HOW WE HELP
Dedicated to
Your Success.
The Hardy Reed team offers fiduciary consulting and investment expertise to retirement plans, foundations, endowments, and other nonprofits. With extensive experience in working with and serving on corporate and non-profit investment committees, our depth of experience allows us to better understand the dynamics and challenges associated with the balancing of fiduciary responsibilities and those of the organization’s core mission.
Discovery Meeting
The Discovery Meeting is an in-depth interview focused on gaining a clear understanding of your values, long and short-term goals, important relationships, current financial situation, and unique challenges. We use the information gathered to create a plan to help you meet your financial goals.
Investment Plan Meeting
During the Investment Plan Meeting, we present our recommendations providing a detailed explanation of our approach in order to ensure understanding and transparency.
Mutual Commitment Meeting
In the Mutual Commitment Meeting, we mutually determine whether we want to move forward and formalize our partnership. If so, we begin the process of implementing the wealth management recommendations.
Initial Follow-up Meeting
During the Initial Follow-up Meeting, we help to organize paperwork for the new account(s) and answer any questions. Then implementation, working toward your financial objectives and setting priorities for achievement.
Regular Process Meetings
Regular Progress Meetings are held at intervals throughout the course of our relationship. These meetings address any personal, professional or financial changes made or incurred by the client since the previous meeting. Together we will discuss progress, review and assess investments, and make any necessary adjustments.
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Fiduciary Assessments
Hardy Reed will conduct a Fiduciary Assessment of the governance and practices of your organization based on the Global Fiduciary Standard of Excellence.
The goals of the Fiduciary Assessment are to provide insights into the organization’s governance and effectiveness of its fiduciary practices:
Highlighting opportunities to improve
Identifying the organization’s liabilities
Increasing the potential of positive outcomes
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Fiduciary Consulting
Fiduciary Consulting includes a Fiduciary Assessment, Fiduciary Training and preparation for CEFEX Certification. Hardy Reed will attend up to four quarterly committee meetings as a non-voting member. We will develop organization governance structure, practices, procedures and documentation including committee charters, investment policies, fiduciary governance manuals, compliance checklists, and regulatory calendars. Hardy Reed will provide a prudent process for making fiduciary decisions in regard to the selection and monitoring of organization investments and investment-related operations.
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Fiduciary Training
Hardy Reed will train staff, committee and/or board members on how to better adhere to the fiduciary standard and fiduciary best practices developed by the Center for Fiduciary Studies known as the Global Fiduciary Standard of Excellence. These fiduciary best practices focus on the many legal and ethical requirements of fiduciaries. This fiduciary training is a formal, four-hour certificate program led by fiduciary experts.
CONTACT US
Ready for a Partnership Built on Trust?
Finding the right advisor for your wealth plan can be a daunting endeavor. In an industry where a job title no longer clearly identifies the services, relationships, designations, or expertise an advisor offers, how do investors choose the best advisor and firm for their needs?
Hardy Reed is built to take on fiduciary responsibility for our clients. What does that mean for you?
- We must act in your best interest.
- We must continually follow the investments we use on your behalf.
- We must evaluate all fees to ensure they are reasonable, including our own.
