Topics to be Discussed in this Three Part Fiduciary Education Series:
Part 1: The New Fiduciary World: Regulation and Litigation Trends
Wednesday, January 18, 2017 | 10:00 a.m. – 11:00 a.m.
Part 2: Benchmarking: Doing Your Fiduciary Due Diligence
Wednesday, January 25, 2017 | 10:00 a.m. – 11:00 a.m.
Part 3: The New Fiduciary Regulation: What Sponsors Need to Know Moving Forward, Trumps Possible Effect
Wednesday, January 31, 2017 | 10:30 a.m. – 11:30 a.m.
- “Under ERISA and the Code, if these advisers are not fiduciaries, they may operate with conflicts of interest that they need not disclose and have limited liability under federal pension law for any harms resulting from the advice they provide.”
- “Having your investment adviser be a fiduciary is important because, under the Department’s regulatory package, it means that they are required to give you advice that is in your best interest, not their own.”
- “Disclosure alone has proven ineffective to mitigate conflicts in advice.”
- “A disclosure regime, standing alone, would not obviate conflicts of interest in investment advice . . .”
- “[S]mall business sponsors of small plans are more like retail investors compared to large companies that often have financial departments and staff dedicated to running the company’s employee benefit plans;”
- “Recommendations to retail investors and small plan providers are routinely presented as advice, consulting, or financial planning services.”
Matthew loves to write. He also loves to think, though he’s probably a better writer than a thinker. He does not like to be on camera or in videos. This blog will allow him to write, challenge his ability to think, and, from time to time, test him with video blog entries.
He has a unique blend of legal and practical experience that helps us to serve our clients well. On the one hand, he has more than 12 years of private legal practice experience focusing exclusively on employee benefits, including time as a partner in an employee benefits boutique where he has represented clients in front of the DOL and IRS. On the other hand, he holds his FINRA Series 7 and 66 registrations and serves as the Director of ERISA Services for Qualified Plan Advisors.
Matthew likes to stay active. He provides fiduciary training, Investment Policy Statement design, and vendor oversight to our clients. He is an active member of the Employee Benefits Committee of the American Bar Association Tax Section, serving as Chair of the Defined Contribution Plans Subcommittee. He also has been appointed to the IRS TE/GE Gulf States Council and is a frequent speaker on regulatory developments, fiduciary responsibilities, and retirement readiness.
Most importantly, he stays active with his family. His wife, Laura, is the founder of REbeL, Inc., a not-for-profit organization. His three young boys are mixed up in far too many sports, and they enjoy traveling, watching college football, running with Dad, and rooting for the Huskers.
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