Retirement Plan Services
“A fiduciary is held to something stricter than the morals of the market place. Not honesty alone, but the punctilio of an honor the most sensitive, is then the standard of behavior. … [T]he level of conduct for fiduciaries [has] been kept at a level higher than that trodden by the crowd.”
Benjamin N. Cardozo, Associate Justice of the United States Supreme Court, 1928
We believe that a plan sponsor and plan participants are best served when prudent fiduciary practices are formalized, implemented, and monitored. At Karstens Investment Counsel (KIC), we have structured the fiduciary care discipline to ensure the highest standard of care demonstrated by plan fiduciaries. These activities cultivate successful outcomes for both the plan sponsor and the participants. The process provides a framework for the plan sponsor to act solely in the best interest of plan participants for the exclusive purpose of delivering retirement benefits at a reasonable cost.
Our staff has more than 90 years of combined experience in the qualified retirement plan industry. We continue to provide our clients with prudent practices to produce successful outcomes.