The funds are
advised by First Trust Advisors LP. (First Trust). The addition of these funds
will provide depth, choice and enhanced flexibility to financial advisers and
their defined contribution plan sponsor clients, as well as retirement plan
participants.
“We are seeing a rapidly growing demand for
non-mutual fund investment alternatives,” said John Daly, vice president of
401(k) investments at First Trust.
Two new shareholders and an
associate from Seyfarth Shaw LLP—David M. Weiner, Judith L. Wethall and D. Finn
Pressly—joined Littler’s Chicago office. The trio brings extensive
retirement, health and welfare benefit experience, as well as expertise
in executive compensation.
Weiner is a former executive
compensation and employee benefits consultant, whose legal practice
focuses on assisting clients with strategic and technical aspects of benefits
and compensation compliance. He is a Lean Six Sigma Black Belt and was co-chair
of the Health and Welfare Practice Group at Seyfarth, where he designed service
delivery models that achieved clients’ compliance and business objectives. He
received his J.D. with honors from Loyola University Chicago School of Law
and his B.S., cum laude, from the University of Illinois.
Wethall has extensive experience in
health and welfare plans, including all aspects of healthcare reform, the
Health Insurance Portability and Accountability Act (HIPAA) privacy and
security compliance, subrogation and claims reimbursement issues, coordination
of benefits, state and local compliance issues, wellness programs and
consumer-driven healthcare initiatives and healthcare continuation coverage.
She received her J.D., cum laude, from Stetson University College of Law
and her B.A. from the University of Wisconsin, Madison.
Pressly has experience counseling
clients on health and welfare plans and qualified retirement plans.
He regularly advises clients on health and welfare plan compliance,
including medical and dental plans, cafeteria plans, flexible spending
accounts, wellness programs and retiree benefits. He counsels clients on plan
design decisions relating to the Consolidated Omnibus Budget Reconciliation
Act, HIPAA and healthcare reform legislation. Pressly has also assisted clients
with qualified retirement plan design and administration questions, as well as
submitting plans for voluntary correction. He received his J.D. from the
University of Notre Dame Law School, his L.L.M. (Tax) from the University of
Florida, and B.A., cum laude, from the
University of Notre Dame.