ATLANTA, June 28, 2016 /PRNewswire/ -- Lindner Capital Advisors (LCA), a federally Registered Investment Advisor, based in metropolitan Atlanta, has announced an innovative fee structure for all new 401(k) accounts. The new investment management fee is 20 basis points, a significant reduction from the standard industry fee structure. Plan sponsors will pay a minimum fee of $1,000 and a maximum fee of $20,000. This means that fees on new plans larger than $10,000,000 will be capped at $20,000. "In light of the new DOL regulations, we recognized the importance of providing even better service to plan sponsors," said LCA CEO and President Robert J. Lindner.
LCA's Third Party Turnkey Asset Management Program (TAMP) serves as an ERISA 3(38) Investment Manager and assumes fiduciary responsibility for investment selection and monitoring. LCA provides access to institutional fund strategies and exclusive money managers that are not readily available to the retail market. LCA portfolios are designed to be consistent with a client's unique investment objectives, individual time horizon and tolerance for risk. LCA is committed to its fiduciary standards and was recently recognized by CEFEX as one of only five Investment Advisors worldwide to hold this certification for 10 consecutive years.
"This reduced pricing became effective June 1, 2016," said LCA's VP of Sales and Marketing Kendall Borchardt. "The marketplace is in need of portfolio management options that are fully transparent and appropriately priced. We made this decision on our fee structure to address that need."
ABOUT LINDER CAPITAL ADVISORS
Lindner Capital Advisors, Inc. (LCA) is a federally Registered Investment Advisor based in metropolitan Atlanta, Georgia, with representation throughout the continental United States. LCA was formed in 1996 to provide asset management solutions through an exclusive group of broker dealers and financial professionals. LCA's clients include individuals, high net worth individuals, small businesses, corporations, charitable organizations, and pension and profit sharing plans. To learn more, visit www.lcaus.com.
Disclosures regarding CEFEX certification
The CEFEX certification is no guarantee as to future success, and should not be construed as an endorsement of LCA by CEFEX, the Centre for Fiduciary Excellence. The CEFEX certificate has been awarded following the successful completion of an assessment. It may not address all of the products/services provided by the firm. The terms and conditions governing the issuance of the CEFEX certificate are contained in the Agreement between CEFEX and the firm. The certificate is the property of CEFEX, is valid for 1 year from the Date of Current Registration shown, and can be renewed annually.
The certification is not a source of legal or investment advice, a financial audit or expression of opinion regarding the completeness or accuracy of financial statements, a compliance or regulatory audit, a guarantee that the firm is in compliance with applicable fiduciary laws or standards, or a guarantee that the firm is adhering to the standard with respect to any specific client. To learn more, visit www.cefex.org/.
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SOURCE Lindner Capital Advisors, Inc.