Mesirow Financial has been selected by Security Benefit, a Guggenheim Partners Company to provide independent fiduciary services to latter's customers.

As a part of this agreement, Mesirow Financial’s Investment Strategies department will select, monitor, and report on investments available inside select Security Benefit products and replace investments that do not meet its rigorous standards.

Mesirow Financial’s investment selection methodology involves an extensive review process and selects an investment line-up corresponding to retirement plan asset classes appropriate for long-term investing, according to company.

Security Benefit’s ERISA market head Kevin Watt said due to their major position in ERISA fiduciary services and their understanding of customized solutions for Security Benefit’s retirement business, Mesirow Financial brings the investment management rigor wanted by distribution partners.

Security Benefit, which focuses on group and individual retirement plan arrangements, partners with 27,000 licensed and appointed financial planners and representatives through a network of 700 broker/dealers around the nation.