In under ten minutes, you can learn the value of a Collective Investment Trust! Long-time a mystery, Collective Investment Trusts (CITs) are finally getting their Day-in-the-Sun! CITs have been providing the wealthy and large retirement plans an alternative to mutual funds and other investment structures for decades. CITs are now rising to prominence with a broader audience in the qualified plan world. Part of that progress is due to the work at Wilmington Trust’s Collective Investment Trust business – with the heavy-lifting being taken on by Rob Barnett.
WealthManagent.com‘s contributing editor, Fred Barsatein, chatted with Wilmington Trust’s Head of Retirement Services, Rob Barnett, to give viewers a peek behind the curtain to provide clarity around the mystique surrounding CITs. Watch this segment to gain a better understanding of CITs, the to learn what makes CITs such an excellent-fit, for so many.
Among a variety of topics covered in the interview, Mr. Barnett sheds light on the benefits of lower fees. (This is always of great interest to the conscientious fiduciary!) Those lower fees can pass-through the plan sponsor, resulting in plan participants become the beneficiary of those lower fees. He also discusses the different, yet extensive, regulatory oversight occurs within any and every CIT structure.
