Independence and loyalty

By maintaining strict independence, Pensul is able to objectively address governance and remain completely loyal to your goals.

Pensul sets itself apart from other consultants by earning revenues directly from its trustee clients only and not from any other provider, including their affiliates.

Free from any expectations of reciprocity or recaptured brokerage fees, Pensul enjoys complete flexibility in its consulting advice, portfolio transition activities and selection of managers.

Pensul preserves its independence and demonstrates its loyalty at all times, because it puts its clients' needs first.

• Does not work for, nor is it remunerated by portfolio managers.
• Does not generate revenue from portfolio manager affiliates.
• Is never involved in any type of transaction or brokerage dealing that would profit the firm.
• Does not manage funds (multi-manager) for its clients.
• Does not generate revenue from a database Web site, nor does it sell its data to managers.
• Has never charged and will never charge portfolio managers invited to information meetings with clients.