Kaplan Fiduciary

Kaplan Fiduciary works with boards to establish best corporate governance practices to properly implement strategic allocation of authorities and responsibilities among the company’s shareholders, trustees, the board and management.

• Do you have a sound understanding of the role and responsibilities of private company directors?

• Have you recently become an employee-owned company and are concerned about your next steps to proper governance? 

• Has your board or senior leadership recently transitioned and you need board training to better understand your duties, responsibilities and the unique issues facing private and employee-owned companies? 

• Are you looking for a board advisor or member with extensive private company experience, with a special emphasis on fiduciary matters?  

• Would you like help minimizing fiduciary risk in the boardroom and implementing best practices?

We are currently accepting new board member and board advisor appointments for the right organizations.

With over three decades of ESOP fiduciary experience, we advise trustees and ESOP committees to develop prudent processes and best practice standards for company and plan oversight.

• Do you have new trustees or ESOP committee members who would benefit from customized training to better define their roles, understand their duties and know their responsibilities?

• Do you periodically review the performance of both internal and external fiduciaries, and if required, do you know the proper procedures and actions to replace fiduciaries?

• Are you company with an ESOP or an ESOP Company? Perhaps you may be looking for the best ways to encourage and engage your employees in the ownership culture?

At Kaplan Fiduciary, we employ sophisticated strategies to best manage ESOPs with a single clear eye on implementing prudent practices in the best interests of the plan participants and beneficiaries.  At the same time, we seek to lessen fiduciary exposure to risk and liability and by implementing programs to encourage employee engagement and understanding of the benefits of the ownership culture, we complete the cycle of best practices for ESOPs.

Kaplan Fiduciary is uniquely qualified to review your professional ERISA fiduciary processes and procedures and provide significant insight into improving diligence practices and documentation. Given today's environment of extreme scrutiny by the regulators and the recent wave of plaintiff actions questioning your firm's collective judgment, we have the resources and knowledge to help mitigate your risk profile.

Kaplan Fiduciary has provided expert witness and testimony services on complex ESOP and 401(k) fiduciary matters.  Our experience includes supporting defendants in claims of breach of fiduciary duty as well as serving as fiduciary expert for an ESOP seeking a claim against prior plan fiduciaries.