Brandon works as an Investment Advisor and consultant to qualified plans, foundations, trusts, estates and individuals. His previous experience included the review and evaluation of investment vehicles, the discussion and implementation of asset allocation changes, the evaluation and discussion of macro and microeconomic trends, the evaluation of outside research, and the compilation of proprietary research. His past endeavors also include extensive experience managing the assets of and consulting to qualified plans and he has earned the professional designation of Qualified Plan Financial Consultant (QPFC) from the American Society of Pension Professionals and Actuaries (ASPPA).
How To Avoid What 401(k) Plan Sponsors Fear Most About Investment Policy Statements- Forbes.com
“The most common fear plan sponsors feel when creating an IPS is the fear of failure,” says Brandon Grandbouche, Managing Partner at Wealth Harbor Capital Group in New Orleans. “Plans sponsors often don’t understand investments or fiduciary duty well enough to create an effective IPS. This typically leads to a failure to act at all.”
“The failure to have an effective policy is just as bad as the failure to have one at all,” says Grandbouche. “To overcome this fear of failure plan sponsors should take the time to educate themselves or seek the help of outside experts.”21 November 2019
“I’ll let you in on a trade secret: plan sponsors are scared of participants,” says Brandon Grandbouche, a senior retirement consultant with WealthHarbor Capital Group in New Orleans. “Employers are often embroiled in running the day-to-day affairs of the business and can have difficulty keeping up to date with all of the fiduciary duties of running a plan.”13 November 2019