New Fiduciary Training Boot Camp
· Trustees of Revocable, Irrevocable and Charitable trusts
· Trustees of ERISA plans: 401k, Defined Benefit Pension or Profit Sharing plans
· Trustees of State, County & City public employees’ pension plans
· Trustees of Union, Taft Hartley pension plans
· Trustees of 501 c 3 Non-profit organizations, Foundations and Endowments and or Investment committees of the above
You’ve watched the Cooking Channel? Fiduciary duties are like following a recipe.
However, Trustees are legally mandated to follow certain procedures.
The materials and topics, if applicable, include:
- Trustee fiduciary checklist, determining fiduciary status (if you are in the above list count yourself as a fiduciary)
- Fiduciary letter from your stock broker, investment adviser or financial planner. Who is the responsible party?
- Attorney, CPA or Business manager an investment fiduciary? It depends.
- Investment Policy Statement, Asset Allocation
- Role of real estate, family or closely held business, trust owned life insurance
- Screening mutual funds, annuities, hedge funds and investment managers
- Index vs. active investments; Costs, performance and risk return patterns
- How to read a mutual fund prospectus, annual report, statement of additional information, supplements; annuity and variable annuities contracts and prospectus; investment adviser documents like ADV part II and ADV brochure and updates
- Negotiating fees: broker’s services separate from investments, 401k plan fees
- Self assessment; Prudent decision making, Oversight and Record keeping
Requirements of investment fiduciary duty are linked to your situation and how to prudently fulfill them.
About Chris McConnell, AIFA®
· Graduate of the Center for Fiduciary Studies, 2003
· Accredited Investment Fiduciary Analyst™
· Over 19 years of experience at two major Wall St. securities broker dealers
· MBA, Pepperdine University
· BA, Economics, Rutgers University
o Mr. McConnell is a completely independent, objective expert
o Does not sell investments or insurance of any kind
o Does not provide investment, legal or tax advice
You’ve read this far for a reason, you’ve got a nagging feeling that your or a client’s investments are falling short of expectations, drifting off course or the portfolio is dislocated from its purpose. This hour of instruction promises to be educational and eye opening; information you and your clients can put into action right away.
Training session lasts one hour. Fee only $395 per person. Group rates available.
Contact us at (310) 943 - 6509
Chris McConnell & Associates
Independent Qualified Investment Fiduciary
Assessments | Training | Consulting | Expert Witness
12121 Wilshire Blvd, Suite 501 2172 DuPont Drive, Suite 212
Los Angeles, CA 90025 Irvine, CA 92612
(310) 943 – 6509 (949) 588-9263
Copyright © Chris McConnell & Associates 2003 – 2007. All rights reserved.
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