Westminster Consulting Brochure General | Page 10

ASSESSMENT OF CURRENT FIDUCIARY STRUCTURE
Evaluate current committee structure
Governance document review
Examine current processes & procedures
Identify priorities

2 DEVELOP GOVERNANCE POLICIES
Review delegation documentation
Review board resolutions
Review committee charter
Examine investment policy statement

3 INTEGRATE DECISION-MAKING PROCESSES
Vendor and service provider evaluation
Investment line-up analysis
Assessment of fees and expenses
Document due-diligence

4 DOCUMENT COMMITTEE PROCESS
Thoughtful agenda creation
Consistent memorializing of committee minutes
Annual board report requirement

5 ONGOING FIDUCIARY EDUCATION
Updates of regulatory environment
Annual fiduciary training
Train to think and behave like a prudent expert

8

OUR PROCESS

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