Products November 15, 2011
Security Benefit Partners with Mesirow on Fiduciary Services
November 15, 2011 (PLANSPONSOR.com) - Security Benefit Corporation, a Guggenheim Partners Company, has chosen Mesirow Financial, a diversified financial services firm, to provide its independent fiduciary services to Security Benefit's customers.
Reported by Rebecca Moore
Under the agreement, Mesirow Financial’s Investment Strategies department will select, monitor and report on investments available inside select Security Benefit products. In addition, the firm automatically replaces investments that do not meet its rigorous standards.
“By bringing Mesirow Financial’s 3(38) fiduciary services to the table, we’re able to provide a complete turnkey fiduciary risk-mitigation product for Security Benefit’s 401(k) clients and distributors,” says Jim Mullery, president of Security Distributors.
Mesirow Financial’s investment selection methodology involves an extensive review process and selects an investment line-up corresponding to retirement plan asset classes appropriate for long-term investing.You Might Also Like:

Real Asset Allocations in Target-Date Funds
Real asset allocations are important for select plan participants.

District Court Rejects ERISA Lawsuit Against Olin Corp.
The U.S. District Court for the Eastern District of Missouri has ruled in favor of the defendants in an Employee...

PSNC 2022: ESG Definitions and New Developments
What is environmental, social and governance investing? And exactly how new—or not—is it?