FinTech
NAPAFIRMPARTNERS
Tacoma, WA • groupira.com
Tigard, OR • fiduciarydecisions.com
Fiduciary Decisions
GROUPIRA, Inc.
Key Contact(s)
Key Contact(s)
Mike Narkoff 267.406.0276 • mike.narkoff@fiduciarydecisions.com Kathleen Connelly 443.666.3256 • kathleen.connelly@fiduciarydecisions.com Craig Rosenthal 203.249.1574 • craig.rosenthal@fiduciarydecisions.com
Yannis Koumantaros 253.592.6687 • yannis@groupira.com Jaime Unkel 201.981.2155 • jaime@groupira.com Courtney A. Zanghi 678.926.3704 • courtney@groupira.com
Firm Profile
Firm Profile
In Business Since: 2007 Fiduciary Decisions provides technology, tools and research that are independent, comprehensive and actionable to Recordkeepers, Broker Dealers, Advisor/Consultants, Banks, DCIOs, and TPAs. We build services that are winwin-win for Service Providers, Plan Sponsors and their Participants. Our services range from benchmarking to practice management to plan design and more. Bottom line – we will do the right thing to ensure that our clients and their clients can achieve the outcomes that they are pursuing.
Product / Service Category • Advisor dashboard • Other
Product / Service Description Fiduciary Decisions is the industry leader for independent, comprehensive and actionable value and fee benchmarking services for the defined contribution space. Value and Fee Benchmark reports are available in a number of different formats and levels of detail but all follow our patented process and contain FEEPOINT®. FEEPOINT® is our proprietary estimate of what a Service Provider’s fee could be if their extra work and fiduciary status were considered. In addition, FDI service offerings include: •B usiness Management Dashboard - a next level practice management solution for advisors and home offices which consolidates plan data and tools, wraps them in efficiency driving workflows, provides customizable management reporting and more. •R etirement Outcomes Evaluator - an interactive Plan Design tool that uses a 5-step method to improve Participant outcomes by making changes to 12 plan design variables that are shown to improve Saving, Investing and Spending behavior. • Rollover Decision Support System - workflow, compliance and data offerings to support advisors and home offices looking to address the requirements of DOL 2020-02. Two core solutions offered: Full Service ideal for firms that want a turn-key solution and Data Only - ideal for firms that want to incorporate benchmark data into their current workflows and disclosures when a 404a-5 is unavailable. •R esearch - the industry’s best information and insights delivered with expert interpretation. Our capabilities span from pricing and compensation to investment, design and success metrics derived from the industry’s largest and most accurate plan dataset. Custom research is also available.
NAPABLACKBOOK2023
In Business Since: 2011 We incorporated in Washington State under the name GROUPIRA, Inc. on September 8, 2011. GROUPIRA, Inc. is completely independent and is financed exclusively by employee shareholders. We have not accepted any external capital, so we are free of conflicts of interest, and are not influenced by venture capitalists or external private equity investors. As a Financial Technology (fintech) Company, our Members benefit from our conflict-free approach to service, access to quality advice, and leading technology, all of which facilitate a simple and cost effective way to invest better for whatever comes next in life.
Product / Service Category • Asset Allocation • Advice/Guidance • Administrative Services • Trustee/Custody • Financial wellness • Consulting/Plan Design • Participant Communications • Tracking/identifying lost Participants • Savings/budgeting • Software • Advisor dashboard • Banking/finance • Other
Product / Service Description At GROUPIRA, we realize Advisors face many challenges managing client accounts. Plan leakage, minimum purchase requirements and fragmented technology services make it difficult to advise many IRA Account Holders. GROUPIRA changes that. Our program allows advisory firms to retain and grow assets. With our technology solutions and dedicated member services support team, we create opportunity for your firm to service IRA’s that previously went to the retail marketplace. With GROUPIRA you can provide investment advice, manage model portfolios with institutional funds and efficiently manage rebalances and fee processing with our scalable technology solutions. Avoid workplace retirement plan leakage by creating a scalable IRA offering to the average participant and capture assets that previously went to other providers. Not only can you advise on retirement plan rollovers, but through our innovative technology solutions and marketing support, we also help you create a customized, scalable solution. We provide one portal to access all member accounts, manage one fund lineup, generate reports and streamline transaction processing. With access to 15,000+ mutual funds, ETFs, and equities, advisors craft their preferred fund menu, model portfolios for all members. Choose your member experience with customizable account origination and co-branded website or simply use our pre-built experience. We support all member services questions from account origination, web access, processing transactions, government forms, etc.
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