Paul Sippil
I have focused my entire practice as an independent fiduciary and registered investment advisor on uncovering the excessive and unnecessary fees, lack of transparency, and conflicts of interest in the retirement plan industry since 2010. I quickly became aware of these issues upon looking up the fees disclosed on plan sponsors’ 5500 forms and sharing this information with these same plan sponsors who consistently responded by saying they either did not know of any fees or knew there were fees, yet had no idea of the amount. Consequently, I saw an opportunity to provide significant value to plan sponsors by simplifying the provider selection process and increasing transparency of fees and services, especially because of how destructive ongoing fees can be to retirement plan participants.
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