Monthly Archives: March 2019

Having employees can get a bit messy. I know that from experience, having left a position or two that may not have been on the best of terms (I bring that out in people). If you have a 401(k) plan … Continue reading →

The 9th Circuit upheld the dismissal of a complaint by participants in the Walt Disney Co. 401(k) plan that Disney violated their fiduciary duty by offering the Sequoia Fund, a mutual fund that had plummeted in value. A three-judge panel of … Continue reading →

My latest article for JDSupra.com can be found here.

When I was 13 and I had my Bar Mitzvah, I plunked down about $2,000 in 1985 money for a state of the art Apple IIe with a monochrome monitor. One of the first pieces of software I bought was … Continue reading →

Chutzpah is nerve, shameless audacity. The best example of chutzpah is someone who kills their parents and asks the court for leniency because they’re an orphan. I’ve been in this business of ours for the past 20 plus years and … Continue reading →

“You like potato and I like potahto You like tomato and I like tomahto Potato, potahto, tomato, tomahto Let’s call the whole thing off” Fidelity is being sued and being investigated for shelf space payments they receive from mutual fund … Continue reading →

My latest article for JDSupra.com can be found here.

If you have a client that is being bought out or is buying another company, the first thing you need to do like the plan’s financial advisor is to call an ERISA attorney. From experience, not many people give ample … Continue reading →

When it comes to business and generally people, I treat people the way I’d want to be treated and I give people the benefit of the doubt. It usually works out for the best and there are occasionally times where … Continue reading →

According to an article in the Wall Street Journal, the Department of Labor (DOL), is looking at an obscure and confidential “infrastructure” fee that Fidelity charges the mutual fund companies for putting their funds on its sales platform, called FundsNetwork. … Continue reading →