Plan Sponsors Have Fiduciary Duties to Follow During Adviser M&As
Plan Sponsors Have Fiduciary Duties to Follow During Adviser M&As They should know the right questions to ask as advisory firm merger and acquisition activity continues to increase. Reported by Art by Scott Bakal Advisory firm merger and acquisition (M&A) activity is on the rise without any sign of slowing down. But what are plan sponsors to do if their advisory firm is acquired, or if the firm they partner with keeps acquiring others? Plan sponsors should first find out whether and how the services their financial adviser provides will be impacted, says George Sepsakos, an ERISA [Employee ...