Serving fiduciaries


Managing Fiduciary Risk in a Volatile Market

The last few weeks have seen an increase in the volatility of the global markets. First, there was the scare of a China melt down and recently the concern around the balance sheet of Glencore, one of the World’s largest commodity traders. What is your fiduciary responsibility?

Who is a Fiduciary?

There are four general categories of fiduciaries in regards to managing an investment process: Those who are “named” in plan or trust documents Those whose function equates to providing comprehensive and continuous investment advice Those who have the discretion to buy and sell investable assets

Global Fiduciary Standard of Excellence adds new Criteria for Cyber-security

(From the fi360 Blog): fi360’s most recent update to their Fiduciary Practices was completed in 2013. That update introduced a new criterion related to safeguarding client and plan data.

Non Government Agencies (NGOs) Face Unusual Fiduciary Challenges

Working in a global environment with cross-border financial, political and social issues, the benefits of conforming to the ISO-based Global Fiduciary Standard of Excellence are clear.

Return on Fiduciary Governance: A Real Number

Stewards, as fiduciaries, are rightly concerned about the investment performance of their portfolios. Until recently however, few fiduciaries have considered the return on fiduciary governance as an equally important measure.

Scams and Ponzi Schemes Continue to Flourish Putting Fiduciaries in Danger

In a conversation last week with a Board Member whose non-profit organization oversees $100 million, the Board Member admitted that he had difficulty in getting people to serve.

Tibble v. Edison: The Importance of looking beyond the Investment Committee

The  decision by the US Supreme Court in the Tibble v Edison Case this past spring further highlights the complexity of having to deal with a broad range of fiduciary compliance issues.

World’s Largest Coal Company Faces ERISA Suit

Peabody Energy Corporation is facing a class action lawsuit alleging violations of the Employee Retirement Income Security Act (ERISA) by continuing to offer company stock as an investment in several defined contribution (DC) plans.

Top Five Errors Made by Fiduciaries

1. Lack of a proper investment policy statement: The Investment Policy Statement, or “IPS” is like the architect’s plans for the building of the house. Before engaging a subcontractor to build the basement, you need to know how big a basement it is that you need.