New England Retirement Consultants

The firm provides fiduciary consulting to employer-sponsored retirement plans, including investment menu design, fee benchmarking, plan governance, and participant education. It often serves as an ERISA 3(21) or 3(38) fiduciary, taking on discretionary or co-fiduciary responsibility for plan investment decisions. These services are tailored to corporate and non-profit plan sponsors, typically in the mid-market segment.

No, the firm does not manufacture or manage proprietary mutual funds, ETFs, or collective investment trusts. It constructs retirement plan investment menus from third-party asset managers, which allows it to avoid the conflicts of interest that can arise when an advisor recommends in-house products. This open-architecture approach is central to its fiduciary positioning.

Compensation structures for registered investment advisors like New England Retirement Consultants are fee-based, typically charged as an asset-based advisory fee on plan assets or as a flat retainer for consulting services. The firm's independence from broker-dealer and insurance company grids means revenue is not derived from commission-based product sales, aligning its incentives with plan-level outcomes rather than transaction volume.

The firm advises on a range of employer-sponsored retirement plans including 401(k) and 403(b) defined contribution plans, as well as defined benefit pension plans. It may also advise on non-qualified deferred compensation plans and SEP or SIMPLE IRAs for smaller employers, though defined contribution plans form the core of its practice.

The firm's name and client base suggest a regional concentration in New England, likely serving plan sponsors in Massachusetts, Connecticut, Rhode Island, and surrounding states. It does not operate as a national consulting firm with offices across multiple regions. The regional focus allows for deeper local relationships and on-site participant education delivery.