Prudent Fiduciary Services was founded in 2017 by Miguel Paredes to provide Independent Fiduciary, ERISA compliance consulting, and expert witness services related to employee benefit plans. Paredes leverages his 12-year career with the U.S. Department of Labor, Employee Benefits Security Administration (EBSA) to offer expert-level understanding of the requirements for ERISA compliance. His expertise encompasses qualified retirement plans and health and welfare plans, with a focus on Employee Stock Ownership Plans and complex financial issues.
In his prior role at EBSA, Miguel Paredes conducted and supervised numerous investigations of ERISA-covered retirement plans, health and welfare plans, and plan service providers. He also represented the Department of Labor at various speeches and trainings to ERISA fiduciaries, service providers, and the public on ERISA fiduciary duties and EBSA investigations.
As a professional Independent Fiduciary and ERISA Compliance Consultant, Paredes brings a balanced, common-sense approach to the needs of corporate stakeholders, ensuring that Prudent Fiduciary Services helps administer employee benefit plans prudently, effectively, and in compliance with the law. The startup operates in the Financial Services industry.
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