The Hyas Group takes a direct, active approach to all consulting mandates. We seek to simplify, to the extent possible, the processes needed to make our relationships successful. We provide the following comprehensive services:
401, 403(b), 457 Plan Consulting Services
Investment Policy Statement review and maintenance
- Confirm investment goals and objectives
- Review investment guidelines
- Establish investment performance review and evaluation criteria
- Assist the Board/Committee in adherence to policy
- Provide recommendations for course of action to address policy concerns
Plan performance reporting
- Provide comprehensive plan review including asset distribution, cash-flow, averages, etc.
- Present market overview, including fixed Income, domestic and international markets
- Provide performance reporting versus appropriate benchmarks
- Assess investment policy adherence
- Conduct industry updates
Quarterly plan cost analysis
- Monitoring of all plan related costs, including investments, recordkeeping as well as revenue share policies as it relates to contract obligation
- Provide statistical averages for the plan as well as benchmarking
Overall portfolio analysis and recommendations
- Analyze investment manager(s) using quantitative and qualitative research tools
- Determine investment overlap and/or under-weighted asset classes
- Offer recommendations for option/asset class changes and implementation strategy
- Assess overall client objectives and market driven factors
- Negotiate terms, if necessary, with investment managers/mutual funds/custodian
Asset allocation and target-date fund evaluation
- Conduct asset allocation study
- Review optimal allocation for specific portfolios
- Establish appropriate portfolio benchmarks
- Assess performance
Investment manager searches
- Initiate comprehensive data collection and review
- Define appropriate screening criteria
- Assess performance and tracking error
- Provide risk and return analysis
- Identify suitable investment manager candidates
- Present results and offer recommendation
Investment option transition services
- Review timing and implementation
- Assist in platform and fee negotiations
- Facilitate necessary agreements between fund company, recordkeeper and/or custodian
Fiduciary education/training for committee and board members
- Assist Board/Committee in meeting fiduciary responsibility requirements
- Provide targeted, on-site education sessions on topical investment issues
- Communicate important legal changes and trends