In order to avoid what Fulcrum states are “serious issues of mutual fund costs and poor investment results,” the company will now offer exchange-traded funds with the goal of garnering market performance returns at lower overall cost. These funds, which track a specific index and can be traded like a stock, have come into vogue as of late.
Besides the offering of ETFs as an investment option, Fulcrum Financial, a division of Fulcrum Financial Inquiry, offers 401(k) services in investment management, employee education, and administration. Using its online platform, both participants and plan sponsors can access daily reports, educational services, planning calculators, administration forms, and enrollment meetings. The system is proprietary with a pooled master trust system, and has the goal of reducing costs while delivering market diversification and returns, according to a press release.
For more information, please see www.fulcrumfinancial.com .