Advisors Advantage - June 2022

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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How Plan Providers Get It Right -

The major reason that I started my practice is that every position I ever had as an ERISA attorney was with a third-party administration (TPA) firm or law firm that was poorly managed and just didn’t understand how to properly run a business. I met a few former colleagues from a TPA I worked at Syosset that eventually closed up and we would laugh and retell stories about the craziness of the people running it. However, there are so many retirement plan providers that do get it and do simple things that are amazing, that let them stand out among the competition. These are the things that these providers get right.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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