MRPA Recognized for a Decade of CEFEX Certification

At the annual Fi360 conference in Nashville, TN on April 3, 2019, Montgomery Retirement Plan Advisors was recognized by the Centre for Fiduciary Excellence for being CEFEX certified for ten years for their adherence to a defined fiduciary Standard of Practice. “Trust is critical to organizations which act as fiduciaries or provide fiduciary support services. …

Five Success Principles I Learned From My Father

Starting in the late 1940’s, my father, William P. “Bill” Montgomery applied the tough lessons learned from a Great Depression childhood and World War II Marine Corps service to build a successful career in the group health insurance field. As I started my own career in 1977, Dad occasionally offered helpful suggestions, but much of …

Funds With Revenue-Sharing Fees Can Be The Lowest Net Cost Option

An InvestmentNews article reminds us that plan sponsors can reduce the net cost of retirement plan investments through optimal handling of the non-investment-management related components of a mutual fund’s expense ratios, commonly referred to as “revenue sharing”. Astute plan sponsors and their advisors generally insist that their plan’s providers credit these “revenue-sharing” amounts directly back …