Author Archives: admin

Fidelity wins the high fee battle, but loses the war

Often time the newspaper will have big headlines on the front page when somebody gets busted, but a small paragraph when that same person gets cleared of all charges. That’s the nature of the newspaper business; if it bleeds, it … Continue reading →

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Only 2 Things A Retirement Plan Sponsor Needs to Limit Their Liability

My latest JDSupra.com article can be found here.

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Being a retirement plan provider and pro wrestling business terms

I am a fan of professional wrestling and I’m not ashamed to admit it. I kind of claim that I had no choice in the matter since both my grandfathers watched it, so I say that it’s in my blood. … Continue reading →

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DOL proposes a guide to fee disclosures

Any radical change to a business, industry, or an organization is going to take some time to adjust. Sometimes it becomes a work in progress because there maybe some tinkering with that change because of some negative blowback or unintended … Continue reading →

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The Complete Worthlessness of The 401(k) Fiduciary Warranty

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

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Payroll providers TPAs and the King of Beers

I’m a beer snob and I’m proud of it. I like the taste of beer and I’m not going to waste my time, money, and calories on a mass-produced inferior product like Budweiser, Bud Light, Coors, and Miller. I would … Continue reading →

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Two law school professors and their 401(k) study

There is a tendency to shoot the messenger because folks don’t like the message. I ought to know. Whether it was in college, law school, or working at a third party administrator, I was the messenger of some terrible news. … Continue reading →

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How My Career Mistakes Can Help You as a Retirement Plan Provider

My latest JDSupra.com article can be found here.

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Potential clients and the plan provider ties that bind

How many times as a retirement plan provider that you contact a retirement plan that is paying too much money and getting too little back in plan services? If you’re a registered investment advisor offering 3(38) service and you’re charging … Continue reading →

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The $550 TPA is no Advantage

When I was a kid, I remember my parents were shopping for a car and the sticker price had a base fee for the car with so many add-ons that I seriously wondered whether they would charge you for the … Continue reading →

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