What makes for a prudent decision? According to a recent Department of Labor seminar on Fiduciary responsibilities, the result of the decision does not necessarily mean the decision was prudent. They were very clear to illustrate: Prudence = Process. They belief that is there is a sound process in place for making decisions, prudent decisions will be made. That is why we use the tools and processes developed by Fiduciary 360. They are the recognized leader in fiduciary practices. Their practices are a result of an ISO-like developed process designed to address the requirements of governing bodies such as the Department of Labor. There are 4 steps and 22 practices that when properly utilized can help an employer effectively manage their fiduciary responsibilities. Is knowing your plan is run by advisors trained by, and utilizing tools developed by the industry leader in fiduciary practices meaningful for your business?