401GO has partnered with Mesirow to provide outsourced 3(38) fiduciary services to its clients. Mesirow’s 3(38) fiduciary services will be integrated into the 401GO retirement platform, making them available to approximately 1,400 financial adviser partners using the 401GO recordkeeping system.
The partnership will initially launch with Mesirow’s 3(38) services, with plans for future enhancements that will include custom default solutions and expanded fiduciary and reporting services, as stated by the companies. This partnership adds to the existing ways advisers can engage with the 401GO platform.
Advisers will still have the option to use 401GO as their 3(38) fiduciary through its sister company, GOInvest, create their own investment lineups from within 401GO’s open architecture platform, or collaborate with asset management firms.
401GO has been a sponsor of many of my events and I will say I’m impressed with how they are rolling things out to 401(k) plan sponsors and providers.
