Christopher R Rainer Email & Phone Number

Washington, Dc, Us

Operating from a fiduciary standard as opposed to a suitability (broker) standard. Firms that operate from a fiduciary standard must put client's interests above its own and act in the clients best interest. Firms that operate from a suitability standard are not held to the same standard as one that operates from a fiduciary standard.INVESTMENT ADVISORY SERVICES: - Investment Policy Statement preparation assistance OR review- Ongoing Investment Recommendations- Ongoing Investment Monitoring- Qualified Default Investment Alternative Assistance- Non-Discretionary Model Portfolios- Performance Reports CONSULTING SERVICES:- Service Provider Liaison - Education Services to Plan Committee- Participant Enrollment- Participant Education- Plan Search Support/Vendor Analysis - Benchmarking Services - Assistance Identifying Plan Fees

CEFEX advisory individuals adhere to the Global Fiduciary Standard of Excellence. This means they act in the best interest of investors. This is contrasted with a firm that lacks a fiduciary process or operates according to a ‘suitability’ standard. Here’s one way to look at it:Fiduciary standard: Firm must put client’s interests above its own, and act in the client’s best interestVs.Suitability standard: Firm must have a reasonable basis to believe that a recommended investment is suitable given the client’s objectives. Adherence to the fiduciary standard can be the foundation for the trust placed in Advisors by their clients, whether individual or institutional investors.CEFEX registration, since it includes an annual audit, is a demonstration of compliance with the requirements of the Pension Protection Act, specifically final rule §2550.408g-1, pertaining to the furnishing of investment advice to participants and beneficiaries. This registration includes the audit of any applicable eligible investment advice arrangements, which would be listed in the scope if applicable.The Department of Labor regulation requires that the auditor:(1) be independent,(2) have appropriate technical training or expertise and proficiency,(3) make such representations in the written audit report, and(4) present in the audit report specific findings regarding compliance with the regulation.The DOL has stated that the selection of the auditor is a fiduciary act and therefore must be carried out in a manner consistent with the prudence requirements of ERISA section 404(a)(1), taking into account the nature and scope of the audit and the expertise and experience necessary to conduct such an audit. The audit itself does not cause an auditor to be a fiduciary under ERISA.

Disclosure: Christopher Rainer has attained Investment Advisory Representative CEFEX Certification for RIA services with the LPL Financial Retirement Plan Consulting Program. CEFEX and LPL Financial are separate entities.

INVESTMENT ADVISORY SERVICES / INVESTMENT ADVISOR REPRESENTATIVE (IAR): Investment Policy Statement – assist the Plan in the preparation or review of an investment policy statement (“IPS”) for the Plan based upon consultation with Client.Ongoing Investment Recommendations - recommend, for consideration and selection by Client.Ongoing Investment Monitoring - perform ongoing monitoring of investment options in relation to the criteria provided by the Client to the IAR.Qualified Default Investment Alternative Assitance - assist Client in identifying an investment product or model portfolio in connection with the definition of a "Qualified Default Investment Alternative" ("QDIA") under ERISA (for plans subject to ERISA).Non-Discretionary Model Portfolios - recommend, for consideration and approval by Client (i) asset allocation target-date or risk-based model portfolios or (ii) funds from the line-up of investment options chosen by the Client to include in such model portfolios.Performance Reports - prepare periodic reports reviewing the performance of all Plan investment options, as well as comparing the performance thereof to benchmarks with Client. CONSULTING SERVICES:Service Provider Liason - assist the Plan by acting as a liasion between the Plan and service providers, product sponsors and/or vendors. Education Services to Plan Committee - guidance for members of the Plan Committee fiduciary duties and responsibilities.Participant Enrollment - assistance with participant education upon enrollment in the Plan.Participant Education - group or individual education about investments in the Plan.Plan Search Support/Vendor Analysis - assist with the entire RFP process.Benchmarking Services - provide the client with comparisons of Plan data.Assistance Identifying Plan Fees - assist in identifying all plan related fees.

Securities and advisory services offered through LPL Financial, a registered investment advisor, Member FINRA/SIPC. For hyperlinks to FINRA and SIPC, please refer to 'Contact Info' section above. Third party posts found on this profile do not reflect the views of LPL Financial and have not been reviewed by LPL Financial as to accuracy or completeness.The financial professionals associated with LPL Financial may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.

Bachelors Of Science, Finance

Activities and Societies: Inner Fraternity Council, Student Government Association, Adopt-A-School, Habitat for Humanity and Catherine.

Education record