# Find 3(38) Investment Managers
Source: https://planprovider.pro/3-38-investment-managers?page=6

> 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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### [Hfg Advisors, Inc.](https://planprovider.pro/provider/hfg-advisors-inc)

Plan Advisor

Kalamazoo, MI

**Stats:** $126M under management

**Company:** Est. 1987

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

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### [Springboard Asset Management LLC](https://planprovider.pro/provider/springboard-asset-management-llc)

Plan Advisor

Cheshire, CT

**Stats:** $119M under management

**Company:** Est. 2022

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

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### [Arthur J. Gallagher & Co.](https://planprovider.pro/provider/arthur-j-gallagher-and-co)

Plan Advisor

Rolling Meadows, IL

**Stats:** 3,000 clients • $105M under management

**Company:** Est. 1927 • 51,261 employees

[View Profile](https://planprovider.pro/provider/arthur-j-gallagher-and-co)

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

Plan Advisor

Stuart, FL

**Stats:** $67M under management

**Company:** Est. 2018

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

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

Plan Advisor

Kirkland, WA

**Stats:** $64M under management

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

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### [Mutual Of Omaha Investor Services, Inc.](https://planprovider.pro/provider/mutual-of-omaha-investor-services-inc)

Plan Advisor

Omaha, NE

**Stats:** $24M under management

[View Profile](https://planprovider.pro/provider/mutual-of-omaha-investor-services-inc)

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### [Advo(k)ate Advisors](https://planprovider.pro/provider/advokate-advisors)

Plan Advisor

Birmingham, AL

**Company:** 8 employees

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

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### [ALDRICH WEALTH LP](https://planprovider.pro/provider/aldrich-wealth-lp)

Plan Advisor

Lake Oswego, OR

**Company:** Est. 1998 • 300 employees

[View Profile](https://planprovider.pro/provider/aldrich-wealth-lp)

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### [Ballast, Inc.](https://planprovider.pro/provider/ballast-inc)

Plan Advisor

Lexington, KY

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

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### [Benefit Financial Services Group](https://planprovider.pro/provider/benefit-financial-services-group)

Plan Advisor

Irvine, CA

**Credentials:** RIA - Registered Investment Advisor

**Company:** Est. 2007

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

- 

### [Burton Enright Welch](https://planprovider.pro/provider/burton-enright-welch)

Plan Advisor

Walnut Creek, CA

**Credentials:** ChFC® - Chartered Financial Consultant • CRPS® - Chartered Retirement Plans Specialist • CFP® - Certified Financial Planner • +1 more

**Company:** Est. 1989 • 30 employees

[View Profile](https://planprovider.pro/provider/burton-enright-welch)

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### [Carbon Collective Investing LLC](https://planprovider.pro/provider/carbon-collective-investing-llc)

Plan Advisor

Oakland, CA

**Company:** 9 employees

[View Profile](https://planprovider.pro/provider/carbon-collective-investing-llc)

- 

### [Carson Advisory Group](https://planprovider.pro/provider/carson-advisory-group)

Plan Advisor

Athens, GA

[View Profile](https://planprovider.pro/provider/carson-advisory-group)

- 

### [CPS INVESTMENT ADVISORS](https://planprovider.pro/provider/cps-investment-advisors)

Plan Advisor

Lakeland, FL

**Credentials:** RIA - Registered Investment Advisor

**Company:** Est. 1989 • 5 employees

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

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### [Firethorn Wealth Partners, LLC](https://planprovider.pro/provider/firethorn-wealth-partners-llc)

Plan Advisor

Augusta, GA

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

- 

### [Forte Capital Group](https://planprovider.pro/provider/forte-capital-group)

Plan Advisor

New York City, NY

**Company:** Est. 2001 • 67 employees

[View Profile](https://planprovider.pro/provider/forte-capital-group)

- 

### [Greenspring Advisors](https://planprovider.pro/provider/greenspring-advisors)

Plan Advisor

Towson, MD

**Credentials:** CFP® - Certified Financial Planner

**Company:** Est. 2004 • 58 employees

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

- 

### [Head Investment Partners](https://planprovider.pro/provider/head-investment-partners)

Plan Advisor

Knoxville, TN

[View Profile](https://planprovider.pro/provider/head-investment-partners)

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### [Henderson Brothers Financial Partners](https://planprovider.pro/provider/henderson-brothers-financial-partners)

Plan Advisor

Pittsburgh, PA

**Credentials:** Other • AIF® - Accredited Investment Fiduciary

**Company:** Est. 1893

[View Profile](https://planprovider.pro/provider/henderson-brothers-financial-partners)

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### [Hilb Group 401k](https://planprovider.pro/provider/hilb-group-401k)

Plan Advisor

Cranston, RI

**Company:** 2,000 employees

[View Profile](https://planprovider.pro/provider/hilb-group-401k)

- 

### [Intersect Capital LLC](https://planprovider.pro/provider/intersect-capital-llc)

Plan Advisor

San Ramon, CA

**Company:** Est. 1997

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

- 

### [Multnomah Group](https://planprovider.pro/provider/multnomah-group)

Plan Advisor

Portland, OR

**Company:** Est. 2003 • 20 employees

[View Profile](https://planprovider.pro/provider/multnomah-group)

- 

### [Novus Advisors](https://planprovider.pro/provider/novus-advisors)

Plan Advisor

Greenville, SC

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

- 

### [Retirement Solutions Advisors LLC](https://planprovider.pro/provider/retirement-solutions-advisors-llc)

Plan Advisor

Chicago, IL

**Credentials:** AIF® - Accredited Investment Fiduciary

**Company:** Est. 2007 • 5 employees

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

- 

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

Plan Advisor

Rockford, IL

**Credentials:** CFP® - Certified Financial Planner • CFA® - Chartered Financial Analyst

**Company:** Est. 1986 • 332 employees

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

# 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=6)

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