Participant Advice Clause Samples

Participant Advice. TLG Advisors will meet with Plan participants that seek to engage TLG Advisors for Participant Advice services to gather information concerning their retirement investments, time horizon, risk tolerance and investment goals. TLG Advisors will review the information and generate individualized investment advice that may include a recommendation to invest in a particular model portfolio, CIF or percentages to be allocated among a number of the Plan’s core investment options. TLG Advisors will not provide recommendations on investments held outside of the plan, and the Plan participant retains the sole responsibility to implement the recommendations and to update TLG Advisors as to personal financial information. TLG Advisors does not guarantee that the Plan participants’ investment objectives will be achieved. Participant Advice shall be delivered as an ERISA Non-Discretionary Fiduciary Service. Initial Initial Initial Advisor's advisory fee for Standard Services shall be: None paid by plan. Fees paid by investment provider and not charged to plan. Annual Flat Fee of $ , paid in equal quarterly payments, and any fees received by Advisor’s broker-dealer shall offset the fees of Advisor. Percentage of Plan Assets of basis points, paid based on the value of plan assets at the end of the quarter, and any payments received by Advisor’s broker-dealer shall offset the fees of Advisor Advisor's advisory fee for Additional Services shall be: Annual Flat Fee of $ , paid in equal quarterly payments, and any fees received by Advisor’s broker-dealer shall offset the fees of Advisor. Not applicable. Commissions paid by Investment Provider to Advisor’s broker-dealer will offset advisory fees. Advisor shall provide an invoice to the Plan Sponsor within ten business days of the end of the calendar quarter. Fees shall be due upon receipt of the billing notice sent from TLG Advisors. Not applicable. The Investment Provider pays Advisor’s broker-dealer from Investment Provider's product.