Newfront Retirement Services, Inc.

Newfront Retirement Services, Inc. is a Registered Investment Adviser established in 2012, specializing in retirement plan consulting services for public and private corporations. The firm offers non-discretionary and discretionary investment advisory services under ERISA Section 3(21) and 3(38), respectively. Clients have the authority to accept or reject fund recommendations under non-discretionary services, while discretionary services allow Newfront to manage investments without client approval. The firm assists in developing Investment Policy Statements, selecting asset classes, and monitoring plan investments. Newfront provides comprehensive 401(k) and 403(b) services, plan provider search and analysis, and educational support for plan participants. Fees are negotiated based on a percentage of assets under management or a fixed dollar amount, with asset-based fees not exceeding 2% annually. Newfront does not charge performance-based fees and serves institutional clients without a minimum account size requirement. The firm's investment strategies focus on long-term purchases using retirement-specific mutual funds, variable annuities, and collective investment trusts. Clients are advised on potential risks associated with market volatility and diversification. Newfront does not maintain custody of client funds, and for non-discretionary services, does not have authority to affect securities transactions without client approval. The firm does not vote proxies on behalf of clients but may offer advice on corporate actions and proxy voting rights upon request. Newfront has no financial impairments preventing it from meeting contractual commitments.