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Media & Marketing Director
High School Basketball Coach
University of Cincinnati Graduate
Center of Fiduciary Studies Graduate

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02/21/2011

One of the steps in the Free Market Fiduciary Process is to know all of the fees associated with your 401k.  This video explains just how much and how many different fees you could be looking at.  Fiduciaries need to be aware of these hidden and exorbitant fees because they are ultimately personally liable.  

“The hidden transaction charges reflecting commissions and spreads on trades, for example, are a very real cost, and they eat into investment returns just like any other cost” Peter Fitzgerald, Senator IL and Co-Sponsor Broad Mutual Fund Reform Act 2004.

Video posted at 8:48 AM (11 months ago) | Permalink

04/15/2010

How do you really alleviate fiduciary responsibility?  Flashy marketing gimmicks and tricky language are not the answer.

Video posted at 9:49 AM (1 year ago) | Permalink

02/03/2010

» The $3 Trillion 401(k) Rip-Off

Click the title to read an article by Dan Solin discussing the mismanagement of 401k assets by investment providers and plan sponsors.  Many plan sponsors have no idea that they are personally liable for the investment decisions they make on behalf of their participants.  It’s very easy: diversify globally, stay prudent and rebalance yet the lack of providers out there offering this type of vehicle makes it very hard to accomplish.

Link posted at 5:17 PM (2 years ago) | Permalink