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Harrison Fiduciary | The Prudent Experts

Subscribe to the RSS feed. Return to Harrison Fiduciary. Guessing at Private Equity Fees — What’s That About? Published on 04 May 2015 by Mitchell Shames. In Fees and Expenses. Fiduciaries must drill down on Expenses. ERISA lawyers, plan sponsors and services providers have devoted endless hours to compliance with the 408(b)(2) requirements. Where have the Private Equity firms been? And, where have the fiduciaries been? Why are plan fiduciaries still guessing? Despite the opacity surrounding these fees, ...

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Harrison Fiduciary | The Prudent Experts | blog.harrisonfiduciary.com Reviews
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Subscribe to the RSS feed. Return to Harrison Fiduciary. Guessing at Private Equity Fees — What’s That About? Published on 04 May 2015 by Mitchell Shames. In Fees and Expenses. Fiduciaries must drill down on Expenses. ERISA lawyers, plan sponsors and services providers have devoted endless hours to compliance with the 408(b)(2) requirements. Where have the Private Equity firms been? And, where have the fiduciaries been? Why are plan fiduciaries still guessing? Despite the opacity surrounding these fees, ...
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Harrison Fiduciary | The Prudent Experts | blog.harrisonfiduciary.com Reviews

https://blog.harrisonfiduciary.com

Subscribe to the RSS feed. Return to Harrison Fiduciary. Guessing at Private Equity Fees — What’s That About? Published on 04 May 2015 by Mitchell Shames. In Fees and Expenses. Fiduciaries must drill down on Expenses. ERISA lawyers, plan sponsors and services providers have devoted endless hours to compliance with the 408(b)(2) requirements. Where have the Private Equity firms been? And, where have the fiduciaries been? Why are plan fiduciaries still guessing? Despite the opacity surrounding these fees, ...

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Over 10,000 Hedge Funds | Harrison Fiduciary

http://blog.harrisonfiduciary.com/2014/10/over-10000-hedge-funds

Subscribe to the RSS feed. Return to Harrison Fiduciary. Over 10,000 Hedge Funds. Published on 01 October 2014 by Mitchell Shames. Fiduciaries, Can You Pick the Best Ones. Calpers’s announcement that it is liquidating its hedge fund investments continues to attract widespread attention. Hedge Funds Lose Calpers, and More. As reported by James B. Stewart in the New York Times. Apparently, even Calpers, with all of its resources and its heft in the marketplace, wasn’t able to crack this nut. But, the analy...

2

DOL Lays Down the Gauntlet for ESOPS | Harrison Fiduciary

http://blog.harrisonfiduciary.com/2014/09/dol-lays-down-the-gauntlet-for-esops

Subscribe to the RSS feed. Return to Harrison Fiduciary. DOL Lays Down the Gauntlet for ESOPS. Published on 11 September 2014 by Mitchell Shames. Once Again, Strong Process and Substance Matters. There is not much love lost by the Department of Labor for ESOP transactions. The skepticism, even antipathy, is somewhat justified. Some ESOP transactions don’t pass the smell test (see my prior post: ESOPs: Common Sense Required. Perez v. GreatBanc Trust Co. In short, DOL requires that the fiduciary be an acti...

3

Harrison Fiduciary | Author Archives

http://blog.harrisonfiduciary.com/author/mshames

Subscribe to the RSS feed. Return to Harrison Fiduciary. Guessing at Private Equity Fees — What’s That About? Published on 04 May 2015 by Mitchell Shames. In Fees and Expenses. Fiduciaries must drill down on Expenses. ERISA lawyers, plan sponsors and services providers have devoted endless hours to compliance with the 408(b)(2) requirements. Where have the Private Equity firms been? And, where have the fiduciaries been? Why are plan fiduciaries still guessing? Despite the opacity surrounding these fees, ...

4

Hedge Funds: Prudent Investments?  | Harrison Fiduciary

http://blog.harrisonfiduciary.com/2014/09/hedge-funds-prudent-investments

Subscribe to the RSS feed. Return to Harrison Fiduciary. Hedge Funds: Prudent Investments? Published on 09 September 2014 by Mitchell Shames. In Fees and Expenses. Fiduciaries Should Ask This Very Question. An esteemed ERISA litigation lawyer e-mail me the other day with a question, as follows: Mitch, would you advise an ERISA plan NOT to invest in a hedge fund which uses an expert network , in light of the controversies surrounding network experts? Choosing an out performing hedge fund (thereby justifyi...

5

Harrison Fiduciary | Archive | Fiduciary Regulations

http://blog.harrisonfiduciary.com/category/fiduciary-regulations

Subscribe to the RSS feed. Return to Harrison Fiduciary. Fiduciaries Enter the Spotlight. Published on 09 April 2015 by Mitchell Shames. Our Time Has Come. At the next cocktail party, trying mentioning that your firm does fiduciary work for qualified retirement plans. Immediately, people’s eyes glaze over, they bolt to re-fill their drinks, and those who remain simply give a quizzical nod desperately trying to be polite. Fiduciaries, fear not! Our moment in the spotlight has arrived. Digging beneath the ...

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Harrison Fiduciary |  FAQs

http://harrisonfiduciary.com/faqs

Subscribe to the RSS feed. What services does HFG provide? HFG’s serves as (i) Investment Named Fiduciary, or (ii) Independent Fiduciary of ERISA qualified plans. As the Investment Named Fiduciary, HFG functions as the fiduciary with respect to all activities typically associated with managing the investment of the assets of a pension plan. In the case of an independent assignment, HFG assumes fiduciary responsibility for making certain specific decisions on behalf of the plan. Many firms such as trust b...

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Harrison Fiduciary |  Thoughts

http://harrisonfiduciary.com/thoughts

Subscribe to the RSS feed. From Silos to Synthesis. Plan sponsors today face an unfamiliar landscape, devoid of landmarks. Outsized investment performance once expected now seems far beyond reach. Old assumptions about risk and responsibility no longer serve as useful guides. One misstep now and the consequences can be brutal. In this space we will address some of the more critical implications. What does the new landscape look like? Who stands to benefit and how? What are the new best practices? Article...

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Harrison Fiduciary |  Services

http://harrisonfiduciary.com/services

Subscribe to the RSS feed. HFG dramatically reduces the complexity, liability and cost of managing an ERISA-qualified pension plan. We collaborate with the plan sponsor either as its named fiduciary or as an independent fiduciary. For corporate directors and officers of plan sponsors, failure to perform as a prudent expert can result in mediocre investment returns as well as potential personal liability. HFG is the prudent expert working on behalf of the plan. As Named Fiduciary …. Overseeing company sto...

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Harrison Fiduciary |  About Us

http://harrisonfiduciary.com/about

Subscribe to the RSS feed. Mitchell Shames is a leading expert in fiduciary practices and investment products for domestic and global institutional clients. He was the General Counsel for State Street Global Advisors (SSgA), the $1.8 trillion global investment management unit of State Street Corporation and he was an Executive Vice-President of State Street Corporation. Defined SSgA’s Fiduciary Structures, Relationships, Policies and Best Practices. DR SUSAN MANGIERO, AIFA, CFA, FRM. Some recent engageme...

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Harrison Fiduciary | The Prudent Experts

Subscribe to the RSS feed. Return to Harrison Fiduciary. Guessing at Private Equity Fees — What’s That About? Published on 04 May 2015 by Mitchell Shames. In Fees and Expenses. Fiduciaries must drill down on Expenses. ERISA lawyers, plan sponsors and services providers have devoted endless hours to compliance with the 408(b)(2) requirements. Where have the Private Equity firms been? And, where have the fiduciaries been? Why are plan fiduciaries still guessing? Despite the opacity surrounding these fees, ...

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