There is the old saying that the cobbler’s children have no shoes. I know that firsthand when my mother threatened to call an electrician because my father the electrician didn’t have time to do some electrical work in our house. The phrase about the cobbler’s children is less about a cobbler and more about how certain 'professionals' in any given area are so busy with work for their clients that they neglect using their professional skills to help themselves or those closest to them. The same can be some of retirement plan financial advisors who worry so much about reducing their plan sponsors’ fiduciary risk that they often neglect their own risk as the plan’s financial advisor. So this article is about how as a retirement plan financial advisor, you can limit your liability.