…available here on our Newsletters archive page.
As discussed in an earlier blogpost (and here, and here), the Fifth Circuit Court of Appeals, covering Louisiana, Mississippi, and Texas, determined that the rule is impermissible (by a 2-1 vote on a 3 judge panel). Several organizations, including AARP, requested standing as defendants but those motions were denied, and the Department of Labor, which […]
The fiduciary rule, explained in an earlier blogpost, makes investment advisors fiduciaries when they provide services to a plan or to an IRA investor. Here is a super-quick summary of some key points: A fiduciary must act in the best interest of participants. It is a prohibited transaction for a fiduciary to receive income from […]
We are pleased to announce that we are introducing a new method of communicating with our clients and associates. This is being delivered through a portal developed by Fort William, our document, compliance, and forms provider. One of the ways we’ll use the portal is for delivering updates such as this – notices of operational […]