Sentences with phrase «of fiduciary risk»

David J. Witz is the managing director and founder of Fiduciary Risk Assessment LLC (FRA) and PlanTools, LLC.

Not exact matches

David Reyes is founder of Reyes Financial Architecture of La Jolla, Calif., a Registered Investment Advisory firm that acts as a fiduciary and specializes in portfolio risk management strategies, retirement income distribution and Social Security planning.

Still, despite the fiduciary risks (which are outlined, in near - apocolyptic detail, on pages nine through 29 of the filing) buyers of Zipcar stock seem to believe that the company's business model will ultimately become a profitable enterprise.

Both Monks and Whitehead agree that fiduciaries, who are obligated to protect the invested dollars entrusted to them, should not invest in these kinds of stocks due to the risks involved.

The Department concludes that it can best protect the interests of retirement investors in receiving sound advice, provide greater certainty to the public and regulated parties, and minimize the risk of unnecessary disruption by taking a more balanced approach than simply granting a flat delay of fiduciary status and all associated obligations for a protracted period.

Differences in firms» preparedness may reflect differences in the level of effort required to achieve compliance, differences in the availability of resources to undertake such efforts, differences in expectations about whether, how and when the Fiduciary Rule and PTEs might be revised, differences in perceptions of and appetite for compliance and / or market risk, or some combination of these factors.

Accordingly, the advisors who delay embracing fulfilment of the fiduciary Duty of Care risk losing market share to those that do.

They want only advisors with expertise in retirement issues to act as fiduciaries for 401 (k) plans because of risk management issues for the corporation, says Chetney.

Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset - based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, merchant payment processing, institutional fixed - income sales, commodity and equity risk management, corporate trust fiduciary and agency, and investment banking services, as well as online / electronic products.

Small business 401 (k) plan sponsors have a fiduciary responsibility to act in the best interest of their plan participants or risk personal liability.

Promote Diversification — another key fiduciary duty — to help minimize the risk of investment losses.

Determines the investment objectives, risk tolerance, financial circumstances and needs of the client, without regard to the financial or other interests of the fiduciary or any other party.

Regardless of laws and regulations, advisers not providing a fiduciary level of service place their entire business at risk, as investors will naturally migrate toward advisers providing a higher and better level of service.

Going forward, advisers and wealth management firms who choose to ignore fiduciary standards face serious risk of reputational damage and, ultimately, lost assets under management.

«With an increased investor focus on proxy voting, it's clear that many fiduciaries will want to be informed of such risks, which can have an impact on their ultimate vote decision.»

Fiduciaries are solely responsible for exercising independent judgment in evaluating any transaction (s) and are assumed to be capable of evaluating investment risks independently, both in general and with regard to particular transactions and investment strategies.

In an effort to help investors cut through the noise, we outlined our take on three risks we think bear watching and one that should garner the immediate attention of investment professionals (i.e. fiduciary duty):

While not all providers with revenue sharing may be deemed fiduciaries, the risk of potential liability may cause many to evaluate their fee disclosure procedures and make pre-emptive changes.

Federated alternative strategies are subject to stringent regulatory, fiduciary and disclosure requirements, offering investors transparently managed, liquid and cost - effective access to a wide range of strategies designed to limit downside risk while seeking competitive performance.

Despite the fact that outsourcing some of a plan sponsor's fiduciary duties can help mitigate the risk of increased fiduciary liability, those who are originally responsible can not completely eliminate their fiduciary duties to the plan.

«As a fiduciary of the New York City Employee Retirement System for the last 8 years, Scott has worked with his fellow trustees to grow the City's pension funds through prudent investments, improving diversification and ensuring more rigorous assessment of risks to investments such as corporate accountability and violations of environmental regulations.»

Guardian Capital invests with the confidence that comes from a highly disciplined investment process and a constant awareness of risk and fiduciary responsibility

Paul speaks with Ken Roberts of Ken's Bulls and Bears about investing yesterday and today, understanding risk, fiduciary responsibility versus suitability of investment advisors, asset class diversification, retirement distributions and how to change your luck by taking certain actions.

Fiduciaries should identify factors such as investment horizon, an acceptable level of risk and expected return.

Mr. Armstrong has served a number of times as an Expert Witness in arbitrations, mediations and Federal lawsuits involving fiduciary standards, suitability, asset allocation, risk control, portfolio construction, sustainable withdrawal rates, and market returns.

In selecting an investment product for a plan lineup, we believe plan fiduciaries must balance considerations such as participants» needs, tradeoffs between expected returns and risks, and objectives of the stable value investment option.

Another pitfall of a universal fiduciary standard that Harvey sees would be a tendency to limit an advisor's willingness to introduce any but the lowest risk investments.

In an ever - evolving fiduciary landscape, the tool aims to identify in real time issues that may put plan advisers at risk, such as the availability of lower - cost share classes.

All things considered, with FutureAdvisor acting as your fiduciary, you can expect to net great yearly returns on your investment without worrying about unnecessary levels of financial risk.

I take the fiduciary side of this seriously, and will tell clients that want to put a lot of their money in my stock strategy that they need less risk, and should put funds in my bond strategy, where I earn less.

The research showed that «plan sponsors and recordkeepers might not be on the same page in thinking about topics related to improving the quality of the investment lineup, minimizing fiduciary risk / avoiding litigation and reducing plan administration costs,» Jessica Sclafani, retirement director at Cerulli, said in a statement.

Another big gap between plan sponsors and recordkeepers emerged on the issue of «minimizing fiduciary risk / avoiding litigation.»

However, Cerulli says there are some important arguments against the use of TDFs that all ERISA fiduciaries should consider: «The chief argument against target - date funds is their homogeneity as they do not account for an investor's risk tolerance, specific retirement plans, or other assets.»

The DOL only says that fiduciaries should exercise a prudent process when selecting investments «so as to minimize the risk of large losses.»

One of the big issues is that, so for more sophisticated consumers who tend to be savers and have money yes they're learning what a fiduciary is but there's a whole segment of the population that is less sophisticated and unfortunately they're the ones that are most at risk and essential preyed upon by less ethical folks.

Pension fund administrators have been made keenly aware of their fiduciary responsibility to consider the risks of climate change in their investments, or risk lawsuits holding them accountable to do so.

«The accreditation of these banking giants would jeopardize the reputation of the Green Climate Fund and expose it to unnecessarily high fiduciary risk.

As the discourse around climate risk, the «carbon bubble,» and «stranded assets» moves into the mainstream of finance, coupled with the competitive returns of fossil free investing, campaigners have a robust set of resources to dismantle informational barriers like fiduciary duty and the cost of divestment.

It goes on to summarize financial arguments for investments in energy efficiency, including that: they can repay themselves quickly, depreciate slowly and deliver decades - long returns; efficient buildings, higher rents and higher sale price are correlated; considering energy performance is an important component of risk management and an investor's fiduciary duty; and at a time when energy prices are becoming more and more volatile, efficiency investments represent a good hedging strategy.

And given the current state of the manufactured «paradigm» in climate science, a case could certainly be made that the management of any corporation at risk from a scientific change, such as the collapse of the current paradigm, has a fiduciary duty to investigate plausible potential challenges to that «paradigm».

As Justice Newbury points out, lawyer and client are not typical contracting parties and are not equal; among other things, the lawyer owes a fiduciary duty to the client, owes professional duties to the court, takes on most or all of the financial risk, and possesses expertise that the client lacks (para. 92).

They could finance the automation for providing routine legal services, but such automation is something that the legal profession can provide for itself, better by itself without: (1) law offices having to be owned by investors; and, (2) the risk of the fiduciary duty owed to clients being suppressed by the resulting profit duty owed to investors.

Refunding several hundred thousand dollars may be a costly way to make this case go away, but it seems that cost of litigating it (and divulging its billing records or risking the creation of an explicit and heightened fiduciary duty to clients with respect to fees) are even higher.

He is also outside ERISA counsel to FRA PlanTools, a risk - management website, and has taught ERISA fiduciary law at Washington University School of Law as an adjunct law professor.

Lawyers who wear multiple hats such as trustee, executor or other fiduciary or who have a direct or indirect personal interest in the matter at hand are a good example of this risk.

The lack of enthusiasm stems (at least in part) from an uncertainty about how an LSR impacts the fiduciary duties and obligations that protect solicitor - client relationships (see, Anne Kirker and Jennifer Blanchard, «Limiting the Risks of Limited Scope Retainers», The Canadian Bar Association, Alberta Branch, The Limited Scope Retainer: (The Canadian Bar Association) at 14).

Fiduciary remedies will not likely be available absent some real risk of harm.

[ii] The «substantial risk» principle is the traditional fiduciary law sometimes called «conflict of duty with duty» and «conflict of interest with duty».

The trustee carries the legal and fiduciary risks of any act he undertakes which acts upon 3rd parties and the trust's beneficiaries.

• Delivered litigation - related training to BMO's lines of business and corporate support areas on fiduciary risk, privilege protection, and legal risk management in reporting.