LCG regularly works with clients to assist in the search and selection of vendors, including trustees/custodians, recordkeepers, and third-party administrators. We facilitate the entire process, including distribution, collection, and analysis of the request for proposal (“RFP”) data.
LCG develops customized RFPs, which incorporate client specific requirements as well as best practice and industry standard criteria. Our extensive industry experience allows us to develop an initial list of qualified candidates. Working together, we will determine which firms to include as finalists. We also encourage and participate in on-site visits if desired.
In addition to helping identify the appropriate vendor, our involvement continues through to successful implementation and monitoring to ensure on-going alignment with your goals and objectives. LCG actively collaborates with all parties and provides documentation for fiduciary purposes.