Sentences with phrase «serve as a fiduciary»

If your adviser is an investment adviser and governed by the federal Securities and Exchange Commission, the adviser serves as fiduciary to you and must put your interests above his own and act in your best interest.

If your advisor is an investment advisor and governed by the federal Securities and Exchange Commission, the advisor serves as fiduciary to you and must put your interests above his own and act in your best interest.

Critics of the Labor Department's rule have argued that requiring advisors to serve as fiduciaries to the small and midsize plan market will negatively affect access to 401 (k) plans at a time when policymakers at the federal and state level are crafting and passing legislation intended to broaden access to retirement savings for employees of small employers.

On the other hand, an advisor who did not serve as a fiduciary could freely advise participants on rolling over their accounts to IRAs and how the rollover proceeds should be invested.

A broker or adviser who serves as a fiduciary over your retirement assets doesn't necessarily have to act in your best interest when managing your other assets; make sure you ask.

Because employers want to avoid 401k litigation, which could result in personal liability for fiduciaries, many employers are seeking ways to manage the risks associated with serving as a fiduciary, and, specifically, ways to help mitigate the risks that arise from selecting and monitoring their plan's investment lineup.

It mandates that all who serve as fiduciaries — broker - dealers, investment advisors, insurance agents and the like — must act in the best interest of their clients.

At the same time, DCIIA says, plan sponsors serving as fiduciaries also benefit from providing their plan participants access to lower fees that result from the greater asset levels.

Hartford Funds does not serve as a fiduciary.

Also, I am obligated to serve as a fiduciary for all trust fund and / or «retainer» amounts that are given to me by a client.

Not exact matches

Betterment serves as a full - plan fiduciary, and their robo solution essentially offers individually managed accounts for each plan participant.

The opinions expressed are not intended to serve as investment advice (either under the Investment Advisers Act of 1940, or the Department of Labor's Fiduciary Advice Rule), a recommendation, offer, or solicitation to buy or sell any securities, or recommendation regarding specific investment strategies.

In his remarks to a standing room crowd at RJFS» national conference, RJFS Chair Dick Averitt is reported to have embraced the fiduciary standard because, in part, of its mandate to serve society at large, as attorneys and medical doctors are obliged to do.

In addition, as with all advisors today who currently offer fiduciary advice, under the DOL rule, the advisor need not avail him or herself to the entire universe of products, but may determine the firm's «shelf» of product solutions that serve his business practice and clientele best — using standards for selection and adhering to them.

What's often over-looked, however, are differences among RIAs on measures in the Adviser's Form ADV that serve as «fiduciary indicators».

Many advisers currently sell their value as managing assets and charge as such and I do not believe that serves the investor well, even if the adviser is a fiduciary.

It is the duty of the Board of Directors to serve as a prudent fiduciary for shareholders and to oversee the management of our business.

Ravitch, who served as MTA chairman from 1979 and 1983, noted that a law passed when he was elevated to the LG's post by former Gov. David Paterson states that directors of public authorities have fiduciary responsibilities to that authority.

Mr. Schlein also served as a court - appointed fiduciary, a choice reward for Democratic loyalists, and this too did not end well.

Use this form to request a distribution from a Traditional IRA, Roth IRA, SEP IRA or SIMPLE IRA for which Fiduciary Trust International of the South («FTIOS») serves as custodian.

Mr. Pavese served as an active member of the JPMorgan Private Bank Investment Team as well as the firm's Trust & Investment Committee, where he assisted in the construction of the Private Bank's model portfolios and monitored the bank's fiduciary relationships.

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.

Added protection for the plan sponsor, as both the trustee and the manager of the CIF serve in a fiduciary capacity;

Here's the impact that the new fiduciary rules will have on financial advisors serving as advisors to 401 (k) and other defined contribution plans.

Swell serves as your investment adviser and fiduciary, which is an important distinction.

Capital One Investing does not review any action or inaction of a fiduciary with respect to any Account, including any action or inaction taken by COA with respect to the Program, and disclaims any responsibility for determining (i) whether a fiduciary's conduct satisfies applicable standards of care, or (ii) the validity of a person's or entity's status, or capacity to serve, as a fiduciary.

The opinions expressed are not intended to serve as investment advice (either under the Investment Advisers Act of 1940 or the Department of Labor's Fiduciary Advice Rule); a recommendation, offer, or solicitation to buy or sell any securities; or a recommendation regarding specific investment strategies.

As to law firms becoming investment properties, and other such «alternative business structures,» that brings the conflict of interest between the profit duty and the fiduciary duty — between serving yourself and serving your client.

The simulation serves as the capstone for my M&A course, and though it is set in the context of a hostile takeover, which constitutes a small percentage of deal activity, the lessons (on fiduciary duties, negotiation, deal strategy, deal structure, valuation, and regulatory constraints on M&A activity) are transferable to negotiated transactions.

He is an ardent litigator, serving as lead counsel in numerous civil jury trials involving medical - malpractice, contract disputes, defamation and related business torts, shareholder disputes (e.g., tortious interference with business relationship, trade secret, and non-compete violations), shareholder and LLC disputes and their fiduciary obligations, real - estate litigation, construction litigation, and creditors rights» issues and related bankruptcy and receivership issues.

As Robert Flannigan pointed out in his article «The [Fiduciary] Duty of Fidelity» -LRB-(2008) 124 LQR 274), the duty of fidelity is an invention and «faith, good faith, fidelity and loyalty arguably are too closely associated with conventional fiduciary responsibility to serve usefully as sharp descriptors of other functions»As Robert Flannigan pointed out in his article «The [Fiduciary] Duty of Fidelity» -LRB-(2008) 124 LQR 274), the duty of fidelity is an invention and «faith, good faith, fidelity and loyalty arguably are too closely associated with conventional fiduciary responsibility to serve usefully as sharp descriptors of other functionFiduciary] Duty of Fidelity» -LRB-(2008) 124 LQR 274), the duty of fidelity is an invention and «faith, good faith, fidelity and loyalty arguably are too closely associated with conventional fiduciary responsibility to serve usefully as sharp descriptors of other functionfiduciary responsibility to serve usefully as sharp descriptors of other functions»as sharp descriptors of other functions».

Serving as primary counsel and obtaining a dismissal of claims in a breach of fiduciary duty matter against ERISA fiduciaries and trustees.

She also serves as counsel to fiduciary clients who request that we maintain the financial documentation for the estate or trust and prepare the required fiduciary inventory and accountings to be filed with the Commissioner of Accounts.

Michelle R. Rack brings her considerable litigation experience to the Firm to serve clients involved in disputes arising in the context of contested wills and trusts and breaches of fiduciary duty requiring the judicial removal of executors and trustees, as well as conservators and attorneys - in - fact engaging in financial exploitation of vulnerable seniors.

We advise and represent professional fiduciaries and family members serving as conservators, guardians, personal representatives, trustees or agents under durable powers of attorney.

The attorney must have served the client as an attorney or in a court - appointed fiduciary relationship.

Further, APILO attorneys teamed with case mangers and social workers to provide holistic care as well as served vulnerable clients as trustees and fiduciaries.

Andrew has previously served as an Executive Director and General Counsel of another independent fiduciary company based in Guernsey.

(D) If a person who is serving in a fiduciary position becomes a judge, he or she must comply with this Rule as soon as reasonably practicable, but in no event later than one year after becoming a judge.

(B) A judge shall not serve in a fiduciary position if the judge as fiduciary will likely be engaged in proceedings that would ordinarily come before the judge, or if the estate, trust, or ward becomes involved in adversary proceedings in the court on which the judge serves, or one under its appellate jurisdiction.

A judge may serve as the executor, administrator, trustee, guardian, or other fiduciary only for the estate, trust, or person of a member of the judge's family as defined in Canon 4D (4).

(1) The judge should not serve if it is likely that as a fiduciary the judge would be engaged in proceedings that would ordinarily come before the judge or if the estate, trust, or ward becomes involved in adversary proceedings in the court on which the judge serves or one under its appellate jurisdiction.

(1) extending negligent misrepresentation beyond «business transactions» to product liability, unprecedented in Texas; (2) ignoring multiple US Supreme Court decisions that express and implied preemption operate independently (as discussed here) to dismiss implied preemption with nothing more than a cite to the Medtronic v. Lohr express preemption decision; (3) inventing some sort of state - law tort to second - guess the defendant following one FDA marketing approach (§ 510k clearance) over another (pre-market approval), unprecedented anywhere; (4) holding that the learned intermediary rule does not apply whenever a defendant «compensates» or «incentivizes» physicians to use its products, absent any Texas state or appellate authority; (5) imposing strict liability on an entity not in the product's chain of sale, contrary to Texas statute (§ 82.001 (2)-RRB-; (6) creating a claim for «tortious interference» with the physician - patient relationship, again utterly unprecedented; (7) creating «vicarious» breach of fiduciary duty for engaging doctors to serve as expert witnesses in mass tort litigation also involving their patients, ditto; and (8) construing a consulting agreement with a physician as «commercial bribery» to avoid the Texas cap on punitive damages, jaw - droppingly unprecedented.

The Fiduciary Licensing Program trains and certifies individuals who serve as court appointed guardians, conservators and personal representatives for a fee.

Serve as relationship manager and fiduciary advisor for clients with more than 1,000,000 in investable assets and support a book of accounts having an asset base of at least 100,000,000.

The Board serves as principal fiduciary and wise steward of RIAIMH resources, creates guiding goals and policies, maintains the highest ethical standards, and models our organizational values.

A Connecticut court has considered whether a real estate licensee breached his fiduciary duty while serving as an escrow agent.

# 5 - Statistics and Market Trends that are released by MLS Associations or any non-profit serving them, have a legal requirement to protect Buyers as a fiduciary duty and not Sellers ONLY.

Fiduciary Services: Our Boston office serves as the primary liaison between our consulting and marketing divisions and major institutions and fiduciaries in Boston, New York and Washington.

The requirement of a fiduciary relationship is for the good of the people we serve, as well as ourselves!