Industry veteran joins company’s retirement solutions team
ORLANDO, Fla. (Jan. 18, 2016) – AndCo Consulting, an investment consulting firm headquartered in Orlando, FL with over $55 billion in assets under advisement, announces today that it has added Al DiCristofaro to its growing retirement solutions team.
DiCristofaro is an industry veteran and owner of Austin, TX based investment consulting company, The Retirement Store, which provides an array of services to governmental defined contribution plans in Texas. AndCo Consulting sought out DiCristofaro not only for his keen expertise in investment consulting, but also for his firm’s approach to defined contribution consulting, which includes ensuring complete transparency of fees, providing understandable investment menus for participants and guaranteeing a process to confirm “value for cost” services.
“Complete transparency and independence are the most important elements of our business model,” said Steve Gordon, director of retirement solutions at AndCo Consulting. “With these elements as the core tenets of our service model, all team members can provide high conviction solutions to all of our unique institutional clients. Not only is Al one of the best defined contribution consultants in the industry, but he also shares the same values and service mentality that drive us every day. He will be an invaluable asset to our team and more importantly our clients.”
AndCo Consulting’s seasoned team works with plan sponsors and retirement committees to deliver comprehensive retirement solutions to all plan types within the institutional marketplace.
With the addition of Al DiCristofaro, AndCo Consulting continues to focus on growing strategically in Texas, Oklahoma and throughout the Southwest.
About AndCo Consulting
Established in 2000, AndCo Consulting offers a full range of investment consulting services for all types of institutional plans, including defined contribution, deferred compensation, defined benefit, non-qualified, other postemployment benefits (OPEBs), voluntary employees beneficiary associations (VEBAs), operating reserves and endowment and foundations. The firm serves as a fiduciary to each of its clients while assisting them in making important investment and retirement plan decisions, delivering customized services to meet each client’s unique needs.
Media Contact
Lauren Bowes
lbowes@findsomewinmore.com
(407) 722-7843
In the world of investment consulting, accountability is an aspect of the relationship that you should expect. Of course, there must be trust between consultants and clients in order for a financial relationship to work, but that trust and accountability becomes even more necessary when dealing with the large numbers at stake within the accounts of endowments, foundations, and public pension plans.
So, why then is there a seemingly persistent issue with accountability and trust in the investment consulting world? In a recent article, Pensions & Investments magazine examined key factors that have aided in the growing concerns that trustees and plan sponsors face. From this article, we have extrapolated five key reasons why investors should demand and expect accountability from their institutional investment consultant.
4 Reasons Accountability is A Growing Concern Within Investment Consulting
Indicators have suggested that investors should expect accountability from their investment consultants. The trust between these parties is sustained on this expectation, which has risen, in recent years, to an all-out demand from investment trustees and managers. Given this fact, it is wise for trustees and plan sponsors to ensure that investment consultants can do more than just talk-the-talk when it comes to providing real value to investments, putting the needs of their clients above their own, as any fiduciary very well should.
Image courtesy of D. Hendrix via Creative Commons license.