Financial Strategies for Unions and Their Members.
ERISA-informed advisory for benefit fund trustees. Personalized wealth planning for union members working toward financial security alongside their pension.
A union pension fund and a union member's personal financial life often share the same foundation: hard-earned wages and a commitment to the people who put in the work. But they require fundamentally different kinds of expertise. Managing benefit fund assets demands knowledge of ERISA regulations, actuarial obligations, investment policy statement development, and the governance responsibilities that come with every dollar contributed by working members. Planning personal wealth for a union member requires an advisor who understands how pension income, annuity elections, and benefit timing decisions interact with an individual savings strategy. We serve both. Not as a side practice, but as a core focus.
What Makes Our Union Practice Different
ERISA Competency for Benefit Fund Trustees
The regulations governing union pension funds are specific, complex, and unforgiving. We bring working knowledge of ERISA fiduciary obligations, prohibited transaction rules, and investment policy statement requirements — so trustees can fulfill their obligations with confidence. You deserve an advisor who understands the unique regulatory and governance considerations associated with benefit plans.
Individual Wealth Planning Built Around Your Union Life
Your pension is the cornerstone — but it is not the whole picture. We help union members think through annuity election decisions, supplemental savings strategies, Social Security timing, and the transition into retirement. When acting in an investment advisory capacity, recommendations are made in clients’ best interests and take into account how union benefits and personal savings interact across the broader financial picture.
Investment Governance for Benefit Fund Members
Every benefit fund we advise operates under a documented investment policy statement, with clearly defined asset allocation parameters, performance benchmarks, and review cadences. We bring experienced institutional investment governance to organizations that often do not have the internal infrastructure to build it themselves — because the members who depend on these funds deserve nothing less.
“Those who safeguard working people deserve advisory guidance shaped by care, diligence, and a clear sense of responsibility.”
Tierney Wealth provides support to the institutions and individuals who support the labor movement, with an approach focused on prudence, accountability, and long‑term stewardship.
Bronwyn Tierney, Chief Financial Strategist, Tierney Wealth
