Sentences with phrase «own fiduciary responsibilities»

So the fiduciary responsibility to shareholders can be tricky to evaluate in these cases.

The people who have fiduciary responsibility will be able to decide which objectives or functions of the business are most critical.

«The No. 1 reason that advisors need to have a plan in place is this: If you have a fiduciary responsibility to your clients, you need to ensure that their financial affairs are attended to the moment you are not able to,» Tibergien said.

We all need to take our fiduciary responsibilities seriously, advising and planning in an effort to ensure that each of our clients will be well cared for financially.

An insufficient or nonexistent succession plan is a disservice to you, and your advisor has a fiduciary responsibility to create a succession plan that's comprehensive, efficient and transparent.

So, to explain in one sentence: advisory boards are voluntary and have no fiduciary responsibility.

«If the co-founder doesn't have the skills, experience, or mindset to scale, then it is the CEO's fiduciary responsibility to shareholders to place someone more qualified in the role.

In addition to price concerns, many small - business owners express reservations about 401 (k) fiduciary responsibilities and plan administration.

But the seriousness of purpose and sense of fiduciary responsibility is considerably stronger today.

Nevertheless, it's «part of their fiduciary responsibility» to put their clients» interests first, and «this has to change,» Bogle said, referring to his book The Clash of the Cultures and a chapter entitled «The Silence of the Funds.»

Friedman argued that earning profit for the owners has been the mandate — and for public companies the legally binding fiduciary responsibility — since capitalism appeared.

You have a fiduciary responsibility to your LPs.

Trump's campaign said in a statement that the candidate is «a highly - skilled businessman who has a fiduciary responsibility to his business, his family and his employees to pay no more tax than legally required.»

It is a highly competitive, publically traded company with a fiduciary responsibility to get the best deal for its shareholders.

Globally, investors» increasing use of index funds is driving a transformation in BlackRock's fiduciary responsibility and the wider landscape of corporate governance.

These financial advisors have a fiduciary responsibility to their customers to ensure they provide the best financial advice possible and act in the best interest of their clients.

Get the latest industry news, deadlines and tips you need to know to help tackle your fiduciary responsibility needs.

The piece claimed employers could fully outsource their plan's hierarchy — and any personal liability for failing to meet its fiduciary responsibilities — to a MEP 401 (k) provider.

Fox Rothschild's Taxation & Wealth Planning attorneys not only provide clients with sophisticated estate planning advice to help preserve wealth, but we also assist trustees and executors with the administration of trusts and decedent's estates, helping them navigate the often complicated system of intestacy laws and providing advice regarding fiduciary responsibilities.

Chetney expects much of the demand for the new Morningstar service will come from independent broker - dealers such as LPL, Commonwealth Financial Network and Cambridge Investment Research, which could mandate that their advisors use a third party to assume the fiduciary responsibility for defined contribution plans.

Thank you for explaining the fiduciary responsibility of an RIA versus a broker.

Beginning early next year, Morningstar will offer a way for broker - dealers to offload the fiduciary responsibility of managing 401 (k) plans, which is mandated by the DOL rule that starts to take effect in April.

He cautions that firms who use a third - party plan like Morningstar's to manage retirement accounts are not necessarily offloading their fiduciary responsibilities.

«We think that's particularly critical because it's the sponsor's fiduciary responsibility to make sure the fees they're paying are reasonable, and what context do they have for that without having a third party?»

This report seeks to identify which financial managers are exercising their fiduciary responsibility and voting against these excessive payments.

They have fiduciary responsibility for the investments.

As a result, advisors have a fiduciary responsibility to analyze more than EPS.

The good news is that 401 (k) providers are making it easier for owners to meet this fiduciary responsibility by charging only fully - transparent administration fees.

Over the past decade, several high - profile 401 (k) fee lawsuits and DOL efforts to implement a fiduciary standard for professional investment advice have put 401 (k) fiduciary responsibility in the national spotlight.

Weeks later, Benchmark sued Kalanick for fraud, breach of contract, and breach of fiduciary responsibility; the complaint focuses on Kalanick's control over Uber's board makeup.

To make meeting your fiduciary responsibility as easy as possible, I recommend avoiding 401 (k) providers that charge hidden fees.

As a 401 (k) plan sponsor, you have a fiduciary responsibility to pay only reasonable 401 (k) fees from plan assets.

As sponsors become more educated on plan expenses and fiduciary responsibilities, they continue to opt out of complex fee arrangements in favor of fully - disclosed, transparent fee arrangements.

A series of seminars and webcasts that educate plan sponsors about their fiduciary responsibilities under ERISA.

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

However, because consultants do not have discretionary authority and are not plan fiduciaries, the plan sponsor retains full fiduciary responsibility.

Either choose an all index fund lineup for your 401 (k) plan - like the Federal Thrift Savings Plan (TSP)-- or delegate your investment fiduciary responsibilities to a professional 3 (38) Investment Manager.

The PBO believes that Parliament is losing control over its fiduciary responsibilities, as set out in the Constitution, by approving legislation without knowing the full impact such legislation will have on the budgetary projections

401 (k) plan (better for larger companies given setup costs, administration, fiduciary responsibilities, etc..)

For most corporations, the basic governance structure is this: shareholders vote for, and hence empower, a board of directors, who then have a fiduciary responsibility to look out for shareholders» interests.

David R. Kotok, Chairman & Chief Investment Officer for Cumberland Advisors, sits down with Asset TV to discuss the Department of Labor's potential rules change to fiduciary responsibilities and how it would affect the disclosure of «pay to play» fees.

Meeting the challenge of performing detailed analysis of footnotes and the MD&A is a fiduciary responsibility.

One of the tricks that large LBO firms use is to purchase at just enough of a «premium» to essentially force a sale as the company board has to satisfy their fiduciary responsibility to shareholders....

Plan sponsors have a fiduciary responsibility under ERISA to determine if the fees paid by a plan to its service providers are both reasonable and necessary.

Whether you are an enthusiastic advocate or a staunch traditionalist, wealth advisors — especially those with fiduciary responsibilities — have an obligation to get educated on the... Read more»

The suitability standard is a raw deal for 401 (k) plan sponsors due to their fiduciary responsibility to keep their 401 (k) fees reasonable.

The op - ed explains what it means to be a fiduciary, the conflicts within sell - side research, and how advisors fulfill fiduciary responsibilities going forward.

In a reversal of roles, New York is urging the National Association of Insurance Commissioners to adopt the state's new best interest regulation, which extends fiduciary responsibility to life insurance.

Performing detailed analysis of footnotes and the MD&A is part of fulfilling fiduciary responsibility.

With our fiduciary responsibility, you can rest assured that we will work for your best interests, providing you with sound advice regarding financial tools such as stocks, bonds, mutual funds, and exchange - traded funds.