by James E. Grand | Sep 1, 2016 | In Plain English
The following blog is the third of a 3-part series on this topic. Under the new Fiduciary Rule, when relying on the Best Interest Contract Exemption (“BIC Exemption” or “BICE”), a written contract is required. The contract may be a separate agreement or its required...
by James E. Grand | Sep 1, 2016 | In Plain English
The following blog is the second of a 3-part series on this topic. Part One should be read in conjunction with this overview. This “TO DO” list is for investment advisers that intend to start or continue providing fiduciary investment advice to retirement plan...
by James E. Grand | Sep 1, 2016 | In Plain English
The following blog is the first of a 3-part series on this topic. Parts Two and Three should be read in conjunction with this overview. FACT ONE: Investment advisers generally earn a substantial portion of their fee income managing funds for retirement plan investors....
by James E. Grand | Aug 10, 2016 | In Plain English
In Plain English A publication of THE SECURITIES LAW GROUP | James E. Grand | August 2016 PORTABILITY: Use of Historical Performance at a Predecessor Firm We are often asked by advisers who are switching firms whether they can use in their own performance presentation...
by James E. Grand | Jul 5, 2016 | In Plain English
In Plain English A publication of THE SECURITIES LAW GROUP | James E. Grand | July 2016 ADVERTISING BY INVESTMENT ADVISERS—A BRIEF OVERVIEW FACT ONE: Most investment advisers are continually expanding their efforts at asset gathering, so advertising is becoming more...
by James E. Grand | Jun 6, 2016 | In Plain English
In recent years, a substantial percentage of the capital invested in hedge funds has been allocated to managers with over $1 billion in assets under management. Indeed, recent studies put the number at approximately 90%. In the aftermath of the 2008 financial crisis...
