| Employer Stock Drop Suit Victory Upheld by D.C. Circuit |
| To appreciate the riskiness of a stock intimately involves its market valuation, and to argue that the ESOP fiduciaries should have been able to outguess the market’s valuation is inherently unfair absent special circumstance, such as fraud.
Read more > |
|
| Laser Focus on Clients Pays Off |
| A new research report published by FP Transitions and SEI Advisor Network suggests that advisers willing to double down on carefully managing the client experience can generate serious return for their own business.
Read more > |
|
| What Clients Will Pay For Has Shifted |
| “Plan sponsors are less willing to pay for services that have now become fully or partially commoditized through the disintermediation of the Internet, such as investment research. Advisers have had to reduce their fees as many of these services are no longer seen as differentiators.”
Read more > |
|
| COMPLIANCE CONSULT: Advisers’ Sales Partners |
| If sellers fail to qualify for the independent fiduciary exception or some other exception, they likely will be considered fiduciaries in connection with a sales transaction involving an ERISA account or IRA. Therefore, sellers must comply with an exemption under ERISA or the IRC, as applicable.
Read more > |
|
