Monthly Archives: August 2022

Your ERISA Watch – An ERISA Potboiler for Your End of Summer Reading Pleasure


Harris v. Lincoln Nat’l Life Ins. Co., No. 21-13186, __ F.4th __, 2022 WL 3009199 (11th Cir. July 29, 2022) (Before Circuit Judges Jordan and Rosenbaum, and District Judge John Steele). ERISA is very specific about some things, but on others it is famously vague. For example, ERISA says that plan participants are allowed to bring […]

Conquer the Efficient Frontier for Income Planning

Mike McGlothlin, CFP®, CLU®, ChFC®, LUTCF®, NSSA®  Increased probability of success and minimum risk. That’s the dream — for advisors and clients. You may have heard it referred to as the efficient frontier or achieving Alpha. A portfolio is considered efficient when it’s optimized to produce the most efficient and sustainable income for a given […]

Tip of the Week

Planning Tools for Addressing Clients’ Diminished Capacity Financial advisors can play a key role in helping their clients who may be facing diminished capacity. There are various tools to mitigate the risks associated with cognitive decline and help a client deal with the financial consequences of diminished capacity. There are legal documents such as POAs […]

Your ERISA Watch – Seventh Circuit Holds that Boeing Successfully Washed Its Hands of Fiduciary Responsibility Over Company Stock Fund by Using an Independent Fiduciary


 Burke v. The Boeing Co., No. 20-3389, __ F. 4th __, 2022 WL 3030835 (7th Cir. Aug. 1, 2022) (Before Circuit Judges Sykes, Ripple, and Hamilton). In 2014, the Supreme Court in Fifth Third Bancorp v. Dudenhoeffer, 573 U.S. 409 (2014), addressed some of the unique issues that arise when participants bring claims for fiduciary […]