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Financial and Investment Planning
CIC offers planning regarding investments, retirement, cash flow projections, estate planning,
insurance, education, employee benefits, family business continuation and general business
consulting. We also provide financial planning advice, incident to a divorce.
Should you choose to implement our recommendations resulting from our planning services, we
encourage you to work closely with your attorney, accountant, insurance agent, and other
advisors. Although you may choose to implement the recommendations through us, you are not
obligated to do so.
Services Limited to Specific Types of Investments
CIC limits its investment advice to equities, bonds, fixed income, mutual funds, debt securities,
ETFs, real estate, hedge funds, third-party money managers, REITs, insurance products including
annuities, private placements, and government securities. CIC may use other securities as well
to help diversify a portfolio when applicable.
Retirement Plan Services
CIC works with Retirement Plans to provide investment guidance or investment management
for employer sponsored retirement plans.
In its capacity as an investment adviser, CIC acts as a Co-Fiduciary of the Plan under Section
3(21) of the Employee Retirement Income Security Act (“ERISA”) by providing non-
discretionary investment advice for the purposes of selecting, monitoring, and changing the
investment alternatives of the Plan. Clients retain control and discretion pertaining to final
investment decisions. Additional Plan related services may be provided by CIC as agreed upon
by the Client.
In its capacity as an investment
manager, CIC acts as a Fiduciary of the Plan under Section
3(38) of ERISA by providing discretionary investment decisions for the purpose of selecting,
monitoring, and changing the investment alternatives of the Plan. CIC assumes control and
discretion over investment decisions. Additional Plan related services may be provided by CIC
as agreed upon by the Client.
CIC is a fiduciary under the Employee Retirement Income Security Act of 1974, as amended
(“ERISA”) with respect to investment management services and investment advice provided to
ERISA plan Clients, including ERISA plan participants. CIC is also a fiduciary under the
Internal Revenue Code (the “IRC”) with respect to investment management services and
investment advice provided to ERISA plans, ERISA plan participants, IRAs and IRA owners.
As such, CIC is subject to specific duties and obligations under ERISA and the IRC that include,
among other things, prohibited transaction rules which are intended to prohibit fiduciaries
from acting on conflicts of interest. When a fiduciary gives advice in which it has a conflict of
interest, the fiduciary must either avoid or eliminate the conflict or rely upon a prohibited
transaction exemption (a “PTE”).
As a fiduciary, CIC has duties of care and of loyalty to Clients and are subject to obligations
imposed on us by the federal and state securities laws. As a result, you have certain rights that
you cannot waive or limit by contract. Nothing in our agreement with you should be
C. Client Tailored Services and Client Imposed Restrictions
D. Wrap Fee Programs
E. Assets Under Management and Assets Under Advisement