Alternative investments in retirement plans

Are they a good idea?  Generally, no, let’s dive in… A simple yet usable definition of “alternative investments” is:  anything that doesn’t show up on a statement from a bank, brokerage firm or similar financial institution.  Some example are:  real estate, privately held mortgages, collectibles, and precious metals. Most plans will permit these assets, but […]

Latest on the fiduciary rule

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 […]

Communications Update

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 […]

404(a) and 404(c) and 408(b)(2), oh my!

Today we get into some common regulations and required disclosures for retirement plans. Several numbers starting with “40” are often thrown around (and 99% of the population does not know what they mean), so we’re shedding light on what they are, and what they mean for you (the Plan Sponsor or the Plan Participant). 404(a) […]