Upon the conclusion of a talk about achieving fiduciary excellence that I delivered April 28 at the Mountain States Public Employee Retirement Systems Forum in Denver, and sponsored by the Investment Management Network LLC of New York, an attendee approached me and asked, “What are my obligations as an investment committee member with respect to voting proxies?”
The average cost for Section 404 compliance was $1.7 million, according to a Financial Executives International survey.
Position your practice at every board meeting and reinforce your board members’ willingness to continue as a resource.
Deepen client relationships and outside resources through a client advisory board.
It's now time to share your communications plan with your team and top clients.
Financial advisers and clients can be their own worst enemies when drafting plans for retirement income, making common — but crucial — errors that can ruin distribution plans, according to an influential academic.
After months of insisting that no further delays for smaller public companies would be forthcoming, SEC Chairman Christopher Cox said in December that he would recommend still another delay in implementing Section 404(b) for companies with market caps under $75 million ("non-accelerated filers") until fiscal years ending on or after Dec. 15, 2009.
Succession planning always creates complications.
Despite the challenges faced by today's physicians — the soaring cost of malpractice insurance and declining insurance reimbursements are just two — doctors remain one of financial advisers' most sought-after niches
The following is an edited transcript of the round-table discussion.
How do you become a better communicator? Learn how in the first of a four-week step-by-step program.
Top management at H&R Block Inc., parent of H&R Block Financial Advisors Inc., allegedly turned up the heat and threatened a senior executive in the middle of an acrimonious dispute over compensation, according to an arbitration complaint that led to a $4 million award to the executive last month.
As demand for advisers increases, firms need to project recruitment strategies out to 2012, said Rebecca Pomering of Moss Adams.
Skip Schweiss will stay with the legacy Fiserv Investor Support Services business after all.
Technology to help automate and improve the compliance function may not ring a financial adviser's cash register, but it certainly can reduce the time-consuming and potentially costly problems that compliance failures create.
Self-reporting in areas such as the retention of e-mails “is more of an art than a science,” said the CEO of ING.
A majority of the 350 companies initially contacted by the SEC have now received second letters.
Dalbar Inc., a financial services market research firm, has tapped an ex-insurance executive to start a division catering to the needs of compliance departments.
Compliance spending grew an average of 159% from 2002 to 2006, according to a report.
