Does Professional Guidance Improve Financial Well-Being? (Part 2)
A Note on Causation vs. Correlation Innumerable metrics can be used to measure an individual’s current and future financial status and well-being. In…
Does Professional Guidance Improve Financial Well-Being?
How much is financial guidance worth? This is a question I’ve received countless times from stakeholders across financial services. They want to…
Excessive Fee Rebound
The avalanche of law suits filed against ERISA plan fiduciaries over the last decade may finally be subsiding. The subject went all the way to the…
Excessive Fee Litigations: Reckless Allegations
Excessive fee litigation against retirement plan fiduciaries and service providers has grown from a one-off event into a cottage industry….
Adviser Marketing: Standing Behind Endorsements
What Does the Adviser Marketing Rule Cover? The SEC recently published new rules on adviser marketing that became effective in May of 2021. The new…
Adviser Marketing: A New Day for Testimonials
Financial Adviser Marketing Breaks out of the Stone Age The arena of adviser marketing has historically been approached conservatively, and with good…
A Best Interest Approach to Asset Allocation
Asset allocation has been practiced in an arbitrary way since the dawn of the Modern Era[1]. While thought to be beneficial, great improvements to…
Are You Sure You are Acting in Your Client’s Best Interest?
Financial Professionals have a difficult task of complying with regulatory requirements while also doing their best to act in their client’s best…
Proposed ESG Regulations Pave the Way for ESG Investing in ERISA Plans
The DoL’s proposed rule, “Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights” (“ESG Proposal”) released on October…
4 Quick Observations on the DOL’s Proposed ESG Rule
Today, the Department of Labor published its proposed rules on ESG investments and proxy voting within ERISA plans. The proposed rule is entitled, “…