Westminster Consulting - Promoting a Culture of Fiduciary Responsibility

Meet Westminster Consulting

Westminster Consulting specializes in providing incomparable fiduciary advice and counsel coupled with thoughtful investment research and advice to our clients. Our services help qualified retirement plans and their fiduciaries fulfill their responsibilities under ERISA.

Our singular focus of promoting, developing and maintaining proper and strong fiduciary governance processes for our clients is central to our culture and to the services we provide. Our role as “fiduciary” consultant to plan sponsors, we believe, goes beyond that of a traditional investment consultant. Pivotal to the work we do with plan committees is assisting them with the development and compliance of sound fiduciary processes and procedures while delivering exceptional, original investment analysis.

Our prudent process and procedures based approach enables Defined Benefit and Defined Contribution plan fiduciaries to meet their legal obligations, as well as mitigate their potential liability in a cost-effective and prudent manner, benefitting all stake holders of a plan.

As leading independent fee-only fiduciary consultants, we provide plan sponsors with the ability to better navigate and manage the demanding and changing ERISA regulatory landscape. Our independence provides objectivity, allowing Westminster Consulting to provide clients with impartial advice, time-tested industry-leading insight and results.

Whether through the development of Investment Policy Statements, intensive fiduciary reviews, education and training, or ongoing oversight and document management, the policy and procedures approach developed by Westminster Consulting provides industry leading solutions to the regulatory challenges of managing a Defined Benefit or Defined Contribution plan.

The complexity of the fiduciary plan oversight process is streamlined by utilizing Westminster Consulting’s proprietary Fiduciary Compliance Resource Center® (FCRC) technology platform. This secure portal was the first of its kind in providing consistency and accuracy in controlling and managing all aspects of the plan oversight process to be consistent with Department of Labor ERISA requirements. To date, FCRC is one of the most comprehensive tools in the market for investment fiduciaries.

Westminster Consulting provides informed insight and recognized industry leading expertise in helping investing fiduciaries better manage their legal responsibilities through considered advice, secure technology, and on-going fiduciary education.

Westminster’s comprehensive services will deliver consistent and above average investment performance, instill greater confidence on the part of the participants and create an all-around better retirement benefit.