Here’s an article written by CFA Insitute describing Morningstat’s analysis of the DOL Rule and the industry. By Jim Allen, CFA Washington, DC, is known—and regularly scorned—for its role in picking winners and losers through its legislation and regulation, a stigma that dates back centuries. So, it should come as no surprise that the Department […]

Here is an article written by CFA Institute describing panel discussion at NY Analyst Society meeting. By Linda Rittenhouse, JD When moderator Bob Dannhauser, CFA, head of private wealth management at CFA Institute, asked each panelist last Monday how likely it is that the Department of Labor (DOL) conflict of interest rules will take effect […]

Simpson Capital Management (SCM) is a “fiduciary” to its advisory clients. This means SCM has a fundamental obligation to act in the best interests of its clients and provide investment advice in its clients’ best interests. SCM owes its clients a duty of undivided loyalty and utmost good faith. The firm does not engage in any activity in conflict […]

Here’s an article written by CFA Institute explaining new DOL rule. By Jim Allen, CFA After more than a year of posturing, agonizing, and distress, the US Labor Department (DOL) has finally released its conflicts of interest and fiduciary rules for personal retirement accounts, including IRA rollovers. While the rules steadfastly maintain their requirement for […]

Here is a fact sheet from the Department of Labor explaining the new fiduciary rules set to be effective in 2017. FACT SHEET U.S. Department of Labor Employee Benefits Security Administration Summary Since 1974, when Congress enacted the Employee Retirement Income Security Act (ERISA), the Department of Labor (‘DOL’ or ‘Department’) has worked to protect […]