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Mesirow Fiduciary Services now available on Mid Atlantic Trust Company’s FiduciaryXChange

Mesirow Financial Investment Management (MFIM) and Mid Atlantic Trust Company (MATC) are partnering together to make available MFIM’s 3(21) and 3(38) Fiduciary Partnership services through MATC’s FiduciaryXChange level-compensation platform.  Recordkeepers and broker-dealers seeking level compensation solutions for retirement plans will be able to utilize MFIM’s outsourced, integrated fiduciary services.

Client plans, advisors, and broker-dealers will receive fiduciary protection and direct, ongoing communications from MFIM for 3(21) and 3(38) services through this arrangement.  Meanwhile, broker-dealers and advisors will receive extensive compliance and reporting deliverables, including the status of fiduciary coverage for all plans within a retirement book of business, in addition to actions being taken to remedy client plans in jeopardy of losing fiduciary coverage.