Prudent Fiduciary Services

Miguel Paredes founded Prudent Fiduciary Services to provide Independent Fiduciary, ERISA compliance consulting, and expert witness services related to employee benefit plans such as qualified retirement plans and health and welfare plans. Prior to establishing Prudent Fiduciary Services, Mr. Paredes had a distinguished 12 year career as an employee benefit plan investigator and supervisor with the U.S. Department of Labor, Employee Benefits Security Administration (EBSA). During his time with EBSA, Mr. Paredes conducted and supervised several hundred investigations of ERISA-covered retirement plans, health and welfare plans, and plan service providers, with a focus on Employee Stock Ownership Plans and other investigations involving complex financial issues. Mr. Paredes is also a noted ERISA authority that represented the Department of Labor at various speeches and trainings to ERISA fiduciaries, service providers, and the public on ERISA fiduciary duties and EBSA investigations. In his current role as a professional Independent Fiduciary and ERISA Compliance Consultant, Mr. Paredes brings an expert-level understanding of the requirements for ERISA compliance, balanced with a common-sense approach to the needs of corporate stakeholders. Prudent Fiduciary Services helps ensure that employee benefit plans are being administered prudently, effectively, and in compliance with the law.