CBIZ InR recognized as an approved fiduciary investment advisor in the State of New Jersey
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The company will provide fiduciary investment advice to participants in the 457 state pension plan offerings.
MEDIA, Pa .– (BUSINESS WIRE) – CBIZ InR Advisory Services, a division of CBIZ, Inc., a leading national provider of financial, insurance and advisory services, has been licensed by the State of New Jersey as a Trust Investment Advisor. Following a thorough review and proposal process, CBIZ InR was appointed an Approved Provider, allowing the 457 state pension plans to engage with the company as an investment advisor.
To obtain state approval, CBIZ InR presented a program that provides economic, transparent and practical individual advice to municipal employees. CBIZ InR brings an independent approach to the delivery of these services and remains committed to delivering a full and dynamic experience to employers and participants statewide while improving the level of fiduciary service provided.
“CBIZ InR is proud to be a registered pension plan provider for the State of New Jersey,” said Brad Warner, vice president of CBIZ InR. “The state’s municipal employees are incredibly hardworking people and they deserve quality service and comprehensive advice to manage their retirement assets and achieve their financial goals. ”
Jeff Hugo, Executive Vice President of CBIZ InR, added: “Our mission is to optimize our clients’ retirement plans and we apply the same philosophy with municipal clients as with individual investors. This approach has been successful with more than 125 municipalities in Pennsylvania and Maryland, and we look forward to expanding our work in the great state of New Jersey.
CBIZ InR maintains a high service standard and assumes fiduciary responsibility for investments in managed portfolios. This gives investors complete transparency and confidence to navigate their retirement landscape. You can find more information on CBIZ InR at cbiz.com.
Investment management services are provided by CBIZ Investment Advisory Services, LLC, a registered investment adviser and a wholly owned subsidiary of CBIZ, Inc. dba CBIZ InR.
CBIZ, Inc. is a leading provider of financial, insurance, and business advisory services across the United States. Financial services include accounting, tax, government healthcare advisory, transaction advisory, risk advisory and valuation services. Insurance services include employee benefits consulting, pension consulting, property and casualty insurance, payroll and human capital consulting. With more than 100 company offices in 31 states, CBIZ is one of the largest providers of insurance accounting and brokerage services in the United States. For more information visit www.cbiz.com.
Gregory FCA for CBIZ Inc.
Source: CBIZ, Inc.