# Find 3(38) Investment Managers
Source: https://planprovider.pro/3-38-investment-managers?page=4

> Delegate fiduciary liability with top-rated 3(38) Investment Managers. Compare experts who take full discretion over your retirement plan investment selection.

Secure the highest level of fiduciary protection by partnering with a 3(38) Investment Manager. These specialists assume full discretion over your plan’s investment decisions, significantly reducing your personal and corporate liability.

Browse 155 providers in this category.

## Provider ranking

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### [Horan Capital Advisors, LLC](https://planprovider.pro/provider/horan-capital-advisors-llc)

Plan Advisor

Cincinnati, OH

**Stats:** $596M under management

**Company:** Est. 2010

[View Profile](https://planprovider.pro/provider/horan-capital-advisors-llc)

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### [Milestone Advisory Partners, LLC](https://planprovider.pro/provider/milestone-advisory-partners-llc)

Plan Advisor

Southern Pines, NC

**Stats:** $590M under management

**Company:** Est. 2015

[View Profile](https://planprovider.pro/provider/milestone-advisory-partners-llc)

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### [Capital Advisers, Inc.](https://planprovider.pro/provider/capital-advisers-inc)

Plan Advisor

**Stats:** $560M under management

[View Profile](https://planprovider.pro/provider/capital-advisers-inc)

- 

### [5c Capital Management, LLC](https://planprovider.pro/provider/5c-capital-management-llc)

Plan Advisor

Woodcliff Lake, NJ

**Stats:** $537M under management

[View Profile](https://planprovider.pro/provider/5c-capital-management-llc)

- 

### [Cresta Advisors](https://planprovider.pro/provider/cresta-advisors)

Plan Advisor

Laredo, TX

**Stats:** $533M under management

**Company:** Est. 2013

[View Profile](https://planprovider.pro/provider/cresta-advisors)

- 

### [Fortem Financial Group, LLC](https://planprovider.pro/provider/fortem-financial-group-llc)

Plan Advisor

Palm Desert, CA

**Stats:** $529M under management

**Company:** Est. 2011

[View Profile](https://planprovider.pro/provider/fortem-financial-group-llc)

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### [M. Kraus & Company](https://planprovider.pro/provider/m-kraus-and-company)

Plan Advisor

Shelburne, VT

**Stats:** $524M under management

**Company:** Est. 1996

[View Profile](https://planprovider.pro/provider/m-kraus-and-company)

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### [Stokes Capital Advisors, LLC](https://planprovider.pro/provider/stokes-capital-advisors-llc)

Plan Advisor

Greenwood, SC

**Stats:** $470M under management

**Company:** Est. 2015

[View Profile](https://planprovider.pro/provider/stokes-capital-advisors-llc)

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### [Aegis Financial](https://planprovider.pro/provider/aegis-financial)

Plan Advisor

Phoenix, AZ

**Stats:** $468M under management

[View Profile](https://planprovider.pro/provider/aegis-financial)

- 

### [Stewardship Advisors, LLC](https://planprovider.pro/provider/stewardship-advisors-llc)

Plan Advisor

Mount Joy, PA

**Stats:** $462M under management

[View Profile](https://planprovider.pro/provider/stewardship-advisors-llc)

- 

### [Thepartners Wealth Management](https://planprovider.pro/provider/thepartners-wealth-management)

Plan Advisor

Carmel By The Sea, CA

**Stats:** $455M under management

**Company:** Est. 2021

[View Profile](https://planprovider.pro/provider/thepartners-wealth-management)

- 

### [Rps Retirement Plan Advisors](https://planprovider.pro/provider/rps-retirement-plan-advisors)

Plan Advisor

Austin, TX

**Stats:** $444M under management

**Company:** Est. 2010

[View Profile](https://planprovider.pro/provider/rps-retirement-plan-advisors)

- 

### [Maryland Capital Advisors, Inc.](https://planprovider.pro/provider/maryland-capital-advisors-inc)

Plan Advisor

Chester, MD

**Stats:** $429M under management

**Company:** Est. 1997

[View Profile](https://planprovider.pro/provider/maryland-capital-advisors-inc)

- 

### [Tradewinds, LLC](https://planprovider.pro/provider/tradewinds-llc)

Plan Advisor

Raleigh, NC

**Stats:** $419M under management

**Company:** Est. 2021

[View Profile](https://planprovider.pro/provider/tradewinds-llc)

- 

### [Mcclarren Financial Advisors](https://planprovider.pro/provider/mcclarren-financial-advisors)

Plan Advisor

State College, PA

**Stats:** $417M under management

[View Profile](https://planprovider.pro/provider/mcclarren-financial-advisors)

- 

### [Kg&l Capital Management, LLC](https://planprovider.pro/provider/kgandl-capital-management-llc)

Plan Advisor

Saint Francisville, LA

**Stats:** $415M under management

[View Profile](https://planprovider.pro/provider/kgandl-capital-management-llc)

- 

### [Macdougall Financial Counseling](https://planprovider.pro/provider/macdougall-financial-counseling)

Plan Advisor

Delmont, PA

**Stats:** $412M under management

[View Profile](https://planprovider.pro/provider/macdougall-financial-counseling)

- 

### [Heacock & Jones Financial Services, Inc.](https://planprovider.pro/provider/heacock-and-jones-financial-services-inc)

Plan Advisor

Dubuque, IA

**Stats:** $355M under management

**Company:** Est. 2000

[View Profile](https://planprovider.pro/provider/heacock-and-jones-financial-services-inc)

- 

### [Bright Road Wealth Management, LLC](https://planprovider.pro/provider/bright-road-wealth-management-llc)

Plan Advisor

Anchorage, AK

**Credentials:** CFP® - Certified Financial Planner • RIA - Registered Investment Advisor • Other

**Stats:** $350M under management

**Company:** Est. 2016 • 10 employees

[View Profile](https://planprovider.pro/provider/bright-road-wealth-management-llc)

- 

### [Ds Investment Advisors](https://planprovider.pro/provider/ds-investment-advisors)

Plan Advisor

Grand Rapids, MI

**Stats:** $346M under management

**Company:** 4 employees

[View Profile](https://planprovider.pro/provider/ds-investment-advisors)

- 

### [Core Wealth Management, Inc.](https://planprovider.pro/provider/core-wealth-management-inc)

Plan Advisor

Jupiter, FL

**Stats:** $346M under management

**Company:** Est. 2012

[View Profile](https://planprovider.pro/provider/core-wealth-management-inc)

- 

### [The Retirement Planning Company Of New England, Inc.](https://planprovider.pro/provider/the-retirement-planning-company-of-new-england-inc)

Plan Advisor

Warwick, RI

**Stats:** $336M under management

**Company:** Est. 1998

[View Profile](https://planprovider.pro/provider/the-retirement-planning-company-of-new-england-inc)

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### [Andesa Financial Management, Inc.](https://planprovider.pro/provider/andesa-financial-management-inc)

Plan Advisor

Allentown, PA

**Stats:** $330M under management

**Company:** Est. 2004

[View Profile](https://planprovider.pro/provider/andesa-financial-management-inc)

- 

### [Cannon Capital Management, Inc.](https://planprovider.pro/provider/cannon-capital-management-inc)

Plan Advisor

Cottonwood Heights, UT

**Stats:** $329M under management

**Company:** Est. 2008 • 8 employees

[View Profile](https://planprovider.pro/provider/cannon-capital-management-inc)

- 

### [Rede Wealth, LLC](https://planprovider.pro/provider/rede-wealth-llc)

Plan Advisor

Charlottesville, VA

**Stats:** $313M under management

**Company:** Est. 2015

[View Profile](https://planprovider.pro/provider/rede-wealth-llc)

# Delegate Risk with Top 3(38) Investment Managers

For retirement plan sponsors, managing fiduciary liability is often the most stressful aspect of offering a 401(k) or defined benefit plan. Hiring a **3(38) Investment Manager** is the most effective way to mitigate this risk. Unlike standard advisors, a 3(38) manager is a named fiduciary under ERISA who has the power to manage, acquire, and dispose of plan assets. By appointing a 3(38) manager, you effectively transfer the responsibility—and the liability—of investment selection and monitoring from your investment committee to a qualified professional.

## The Critical Difference: 3(38) Managers vs. 3(21) Advisors

When searching for [plan advisors](https://planprovider.pro/plan-advisors), it is vital to understand the distinction in authority. A 3(21) advisor provides recommendations, but you retain the final say and the ultimate liability. In contrast, a 3(38) Investment Manager takes the "keys to the car." They have full discretion to make changes to the investment lineup without needing your prior approval. This distinction is crucial for sponsors who lack the time or expertise to evaluate complex financial metrics constantly.

Leading [ERISA attorneys](https://planprovider.pro/erisa-attorneys) often recommend the 3(38) model for companies looking to maximize protection against class-action lawsuits related to investment performance or excessive fees.

## Key Benefits of Hiring a 3(38) Fiduciary

Partnering with a 3(38) Investment Manager offers tangible benefits beyond peace of mind. These experts streamline plan operations and enhance governance structures.

- **Maximum Liability Transfer:** The manager assumes legal responsibility for investment decisions, shielding the plan sponsor from claims of imprudent selection.

- **Streamlined Administration:** Because the manager can replace underperforming funds immediately without committee votes, the plan reacts faster to market changes.

- **Compliance and Quality:** These managers are held to the highest "prudent expert" standard under ERISA, ensuring your [401k plans](https://planprovider.pro/retirement-plans/401k) utilize high-quality, cost-effective investment options.

## Finding the Right Fiduciary Partner

Not all firms are willing or qualified to act as a 3(38) Investment Manager. It requires a specific level of insurance, expertise, and operational capability. When reviewing providers in this category, ask for their Investment Policy Statement (IPS) process and confirm their status in writing. Whether you are running a small business plan or a large corporate fund, utilizing a 3(38) manager is a best practice that protects both the company and the employees' retirement futures.

[View full interactive listing on PlanProvider.Pro](https://planprovider.pro/3-38-investment-managers?page=4)

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