Since Oxford is registered as an investment advisor with the United States Securities and Exchange Commission, and because we only charge hard dollar fees for serving as an advisor to your Investment Committee, we are deemed to be a full fiduciary. That means we share in the same responsibilities and liability as your Investment Committee members.

Because of potential conflicts of interest that arise from investment revenue sharing, compensation arrangements and other issues related to advisors with related money management and other services, Oxford believes it is essential to separate the role of fiduciary investment advisor from money management. For example, banks and brokerage firms that not only offer committee advisory services but also manage money for plan participants by including proprietary mutual funds in the plan investment menu introduce a serious conflict of interest into your relationship. We do not believe that simply avoiding proprietary products sold by your advisor is a sufficient solution. Instead, a separation of investment advisory services and mutual fund management should occur at the business model level to best safeguard participant interests. Oxford will serve only as your advisor, never in a mutual fund management role since we sponsor no products.