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Hauser Insurance explains management of fiduciary liability risks

Goof fiduciary oversight is essential for limiting associated liability. Sponsors whose investments affect the employees’ retirement funds in the firms they invest in need this. Hauser Insurance explained some of the strategies to help in achieving this among them being, delegating some fiduciary functions to a plan administrator, and adhering to an Investment Policy Statement(IPS).

Hauser Insurance focused on the rise in class-action lawsuits relating to the Employee Retirement Income Security Act (ERISA). The law has been in play since 1974 and it defines terms for private companies‘ health and retirement plans. It is meant to protect employees by ensuring they receive a proper retirement and health plan.

The lawsuits were mainly due to supposed breach of fiduciary duty. Some were because sponsors charged too much fees for the plans. Hauser Insurance explained how such a lawsuit has a long and an expensive litigation process. Companies which decide to solve the issues in court end up paying millions for the fiduciary.

Hauser Insurance points out a company may be transparent in managing investment portfolios but it is not a guarantee they are safe from a lawsuit. Limiting and preventing fiduciary risks requires multiple strategies for protection.

Part of these protection strategies involve delegating some fiduciary functions to another party. The third party can be a plan manager or administrator. Their function is to manage the plan’s investment and assume any resultant liability. Having an investment or plan manager is a proper move to demonstrate to the court the investor’s commitment to staying compliant in case of litigation.

Additionally, the plan investor should have a written Investment Policy Statement which is encouraged by the US Department of Labor. The defined structure highlights when a fiduciary oversight can occur. It analyses the procedures for investment and includes details about the performance of a third party manager.

Fortress Investment Group is Investing in Several Markets to Increase its Returns


Fortress Investment Group has shown that investment companies should not be pulling all their investment in stocks, just like what very many organizations have been doing in New York. Instead, the company has been dividing its investment resources in several markets, which is an investment technique that has not been very popular among traditional investors. It is worth indicating that New York is a market for the establishments, and they do not want to be questioned.

However, Fortress Investment Group seems to be driving a new wedge of investment strategies in the market by demonstrating that an organization does not only need to be successful by looking for a single asset and directing all the assets in that area.

This is something that very many companies in this investment industry have already taken, and they do not want to change because they believe it is the only operational strategy.

In fact, as Fortress Investment Group has been demonstrating, it is more profitable for a company to invest in very many assets instead of just investing in a single area in the market.

The company has been getting consistent returns in the market, and the leadership of the organization believes this is one of the essential techniques that have been central in ensuring that the organization is moving forward without experiencing very many challenges.

By investing in very many areas in the market that have been generating some significant returns to the operations of the business, Fortress Investment Group is not only getting some unmatched returns from its investments it is also dealing with some possible failures and risk exposures that the market has always been bringing to the investors. There is no way that every market area can be subjected to potential risks, but there is a higher chance that a single area in the market will always suffer some significant problems.

For details: www.fortress.com/businesses/credit       

Caring about the Drilling Countries is GPB Global Resources

GPB Global Resources is a company that after a 2011 restructuring was founded by the managing director Boris Ivanov. He decided that he wanted a company that cares about others, and helps the communities that they affect. Examples of this are in the following paragraphs from articles below.

Africa Trends

Many countries in Africa don’t have laws that pertain to extracting oil, and that has many oil companies salivating. However, these companies that are looking for this opportunity rarely get it because they only want to follow the basic fracking regulations set by their home country.

The reason that GPB Global Resources gets these jobs is because they make safe practices safer, and give back to the community while their drilling and even after they leave. This article goes over how GPB Global Resources builds roads, power plants, schools, and medical facilities for these countries they help. He also foresees a trend in oil use going down within a half a century, but wants products to use oil, and be eco-friendly at the same time.

He pays particular attention to global politics, regulatory, technological, and social trends and the impact it has if they want to stay ahead of the competition.

Tree Planting in Ethiopia

Ethiopia on July 29, 2019 shattered the previous recorded of trees planted in a single day which was held by India at 50 million trees. However, Ethiopia planted 7 times that in a 12-hour summer day with 350 million trees planted, and that was due in part to the help from GPB Global Resources. They gained global news coverage and gained help from the United Nations and the African Union and the Foreign Embassies within Ethiopia.

Recently, the Ethiopian Prime Minister Abiy Ahmed had created a project called the Green Legacy Initiative, where nonessential government personal can take off of work and help plant trees on tree-planting days. However, GPB’s help was given because of a contract they signed with the Prime Minister that they promised to help with water, food, the building of school and hospitals, medical supplies, and community projects. GPB not only helps but exceeds the expectations of the Ethiopian government every time they help them out by identifying more problems that GPB can fix within Ethiopia.

For More info: www.keyfactsenergy.com/directory/373/

Michael Nierenberg Bear Stearns Wallmine

Michael Nierenberg is an investment banker that has a very seasoned past in the field of global mortgages and scrutinized products. Micheal Nierenberg has worked for such companies as JP Morgan, Bear Sterns, Bank of America Merill Lynch, Lehman Brothers, and where he works now with New Residental Investment Corps. Visit Daily Forex Report to know more about Michael Nierenebrg.

The first job that Micheal Nierenberg work in the financial sector was with Lehman Brothers. During this time with this company his main focus was on adjustable-rate mortgages. Michael Nierenberg worked with this company for 7 years before moving to Bear Sterns where he would work for 14 years and eventually sit on the board of directors.

Check: https://www.reuters.com/finance/stocks/company-officers/NRZ

MIcheal Nierenberg worked on projects with Bear Sterns including Mortage Backed Securities and co-headed up the interest rates and foreign exchange trading operations. After leaving Bear Sterns Michael Nierenberg then moved on to work with J.P. Morgan as the head of Global Securitized Products and a member of the management committee for investment banks. Micheal Nierenberg then moved on to Bank of American Merrill Lynch where he served as managing director for Global Mortgages and securitized products. Micheal Nierenberg now currently works for New Residental Investment Corps where he serves as the Chief Executive Officer since 2013 and the Chairman of the Board since 2016. Read more at Alivenewspaper.com about Michael Nierenebrg.

HGGC’s Latest Merger with Mi9 Retail is Expected to Boost their Operations

Last October 15, HGGC announced about their very latest merger agreement with Mi9 Retail.The HGGC portfolio company in software for grocery and consumer packaged goods industries called My Web Grocer will collaborate with Mi9 to bring better services to their many clients. The latter is the number one provider of software solutions for retail types of businesses, and they are all set to do the same for HGGC . On top of this, two well-known investors in Mi9 will be joining the collaboration as well. These two are called the General Atlantic and Respida companies.  

Because of these recent developments, HGGC is at an all time high. With their expansion programs, they are left with no recourse but to hire more people to get things done. Just recently, they promoted ten of their old staff to much higher positions because management could see that they are ready to accept the challenge. Apart from that, they hired five more people to help with the growing demands of their company that has only grown by leaps and bounds because of their long list of strategic investments.

The My Web Grocer is slated to bring new e-commerce strategies to the table. On top of that, they are all set to impart new management strategies for the benefit of the company because more staff members mean dealing with various types of personalities and having to manage them all, so they can work harmoniously for the benefit of the company.

In the meantime, Mi9 will be providing HGGC the very important help they need, especially with topics dealing with demand, price, and promotions management and analytical solutions for retailers. Once the merger is finally completed, this is set to power the retail operations for more than five hundred prominent brands. These brands include worldwide hit sensations like Nike and Levi’s, which is expected to bring in several billions of dollars in revenue.

The co-founder and current CEO of HGGC by the name of Rich Lawson cannot help but gush about this partnership. He said everyone on their team is looking forward to this prolific partnership with Mi9 Retail management team. The latter is set to help them execute the company’s missions and visions. They are set to revolutionize the retail industry by helping the staff find their footing The main goal is to apply more innovative technologies.

https://www.crunchbase.com/organization/hggc/current_employees/current_employees_image_list

James Reese and and the Complex Nature of Running TigerSwan

James Reese Tigerswan

The market frequently factors into a business’ success or lack thereof. No small business can survive when demand doesn’t exist. James Reese, the CEO of TigerSwan, discussed the critical factors that play a role in small business success stories. Market demand was among the top two. Since TigerSwan offers private security services, people don’t think about traditional factors such as market demand. However, the reason the company exists is that people require assistance from security professionals. TigerSwan meets a need, albeit one in a unique industry.

While market demand establishes a business’ need, the business won’t last unless other aspects of effective management come into play. James Reese found TigerSwan as a “Service-Disabled Veteran-Owned Small Business.” Reese is a former Delta Force officer who is 85% disabled per VA regulations. In discussions about the company, James Reese mentions many complexities go into running TigerSwan.

James Reese Tigerswan

Reese mentions the concerns he has for his staff. Besides worrying about their safety while performing security work, be suggests he feels concerns about making sure TigerSwan remains solvent. Employees rely on the company to make a living. If the company closes down, all the employees find themselves in a difficult situation. So far, TigerSwan does well in the industry. The company employs 300 people. The team consists not only of former military and police workers, but civilians who come from many professional backgrounds.

James Reese says being a good listener helps him stay in tune with employee wants and needs. Listening to employees gives him insights into business-related decisions. Once again, running a private security firm comes with many challenges. So, Reese must run as smooth a proverbial ship as possible.

Understanding the value of promotions and publicity, Reese utilized a training facility he co-founded to give civilians a chance to train like special ops teams. Chevrolet served as a co-sponsor generating more publicity.

Ultimately, Reese realizes TigerSwan’s success relies on the performance of his team. Market demand and publicity help, but the employee’s work ethic and performance provide the necessary results. What small business would last in any industry without the support of its team?

Find out more here http://blogwebpedia.com/tigerswan-james-reese-from-special-ops-to-entrepreneur.html

Bhanu Choudhrie’s Gratitude for the World

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Bhanu Choudhrie continues to impress the world on a daily basis, an opportunity he is quite happy to have. For someone like him, showing people that you are capable of doing a good job is more than just a hobby. It is a passion, and he knows this because he has been involved with business for a long time. The reason he decided to become involved in the first place was that he knew he had the potential to pitch great ideas. Pitching is one of the most important parts of being an entrepreneur, as if you are not capable of demonstrating the charisma necessary in order to sell an idea, you simply will not make it in the field. This is something that Bhanu Choudhrie was made aware of from a very young age, having access to great mentors throughout his life, and because of this, he made sure to sharpen his social skills and persuasive skills all throughout his natural life.

Learn more about the group’s portfolio at ccalphagroup.co.uk

He knows that there is something quite special about being a person in business, and he wants to make the most of a good situation. He thinks that he has been given a great opportunity to help the world, and he thinks he would be foolish not to take that opportunity. Quite simply, he is a man of integrity, and when possibilities come knocking on the door of Bhanu Choudhrie, there is nothing he can do but accept his fate.

He knows that everyone has to find some sort of passion in their life if they are hoping to make it in the world, and for him, business just came naturally. Bhanu Choudhrie believes that some people simply hold this connection for various aspects of living, and he is happy to be one of those people. His career benefits from this reality every single day, and he thinks that his personal life does, too. Because he is able to create long-term connections within his business, he has felt more connected with the world in his current stage of life than ever before, and for this he expresses eternal gratitude.

Connect: https://uk.linkedin.com/in/bhanu-choudhrie-a4a96334

T.J. Maloney’s Lincolnshire Management – 1.7 Billion Dollar Fortune T.J. Maloney is a successul buisnessman. In 1986, TJ founded Lincolnshire Management which now manages over 1.7 billion of private equity capital. The company is a private equity firm

TJ Maloney is a successful businessman. In 1986, TJ founded Lincolnshire Management which now manages over 1.7 billion of private equity capital. The company is a private equity firm that focuses on control investments, operating in all industries, especially niche manufacturing, service business, and distribution based in NYC. Prior to joining Lincolnshire, TJ practiced acquisition, securities law, and merger. Aside from being a former Chairman of Boston College Wall Street Council, he has lectured as a guest at several universities. Teaching students and corporate leaders on how to invest and acquisitions in middle-market companies. TJ Maloney is the 2007 recipient of the Richard J. Bennett Memorial Award. Presented by Ford Law School. In 2010, Lincolnshire Management was ranked in the top 10 performing private equity firms by Private Equity News and ranked 5th in 2011 by CNN Money and Fortune Magazine.

Among TJ’s much success and achievements, he also is very political and has served on 13 boards including Credentials Services International, Wabash, and Polaris Pool Systems. As a successful investor, it is not uncommon to face legal issues at some point or another. It appears Maloney was sued for breach of contract and unjust enrichment, claiming Lincolnshire has avoided paying investor distributions by wrongfully deducting fees, interest and expenses to a $99 million legal windfall. Aside from that, TJ was a candidate who sought election to the Alabama House of Representatives and lost the primary in 2018 mas a Republican. In his free time, TJ Maloney enjoys swimming, golfing, and spending time with family.

In conclusion, TJ Maloney has accomplished many achievements in his lifetime. With his business being worth 1.7 billion dollars, TJ has added several elite business partners to help keep Lincolnshire flowing smoothly and prevent any future legal actions being taken against him and his company.

Read more here https://twitter.com/TJmaloneyceo

Preparing For Your Family’s Future with HCR Wealth Advisors

Your family is important to you. You need to prepare for their future. HCR Wealth Advisors can help. They can help you make the right choices so your family has a secure future. They have financial experts to help you reach your financial goals. You know that one of the most important decisions you can make is how you will secure your family’s future when you’re not around. Life insurance is a wise investment. Life insurance can:

1)Stabilize your family’s finances

Your family depends on your income. You want to ensure your kids get the education they deserve. You don’t want your family to worry about losing their home. Life insurance can help stabilize your family’s home. It can also help replace lost income. HCR Wealth Advisors can work with you to help select the right life insurance policy.

Read more on Patch.

2)Provide incentive to reach financial goals

Death is something we all have to face. The burdens that come when someone dies can be insurmountable. Life insurance allows you to put money aside to help your family with final expenses. HCR Wealth Advisors can provide advice to help you decide the right life insurance that fits your needs.

There are two types of life insurance available. Term life insurance provides income within a specific period of time. Once the term expires the insurance is terminated. Permanent life insurance provides income and covers final expenses after death. It is important to understand the difference between these two types.

http://www.finsmes.com/2020/05/hcr-wealth-advisors-jordan-kahn-on-the-lessons-learned-from-previous-bear-markets.html

Choosing the best life insurance policy

The most important thing to remember when researching life insurance policies is whether you want a stable source of income or one that is flexible. HCR Wealth Advisors understands everyone’s financial situation is different. Some individuals want the flexibility of a term life insurance policy. They don’t need a life insurance policy that is “locked in.” Term life insurance policies can be converted to permanent life insurance policies. Permanent life insurance policies, sometimes known as whole life insurance policies give you the stability you need. HCR Wealth Advisors can understand your life insurance needs.

HCR Wealth Advisors is not associated with this website.

Creating a Life From One’s Passion with Max Salk

Historically met with negativity, being a skilled member of several trades is slowly making a comeback. More and more people are embracing their passions and discovering the versatility pursuing all of them provides for their life. Creating a lifestyle that is fulfilling and meaningful has started to become a priority; and designing opportunities where one can make a living doing what they love is at the forefront of this movement. An extraordinary look into Max Salk and his journey prompts hope and enthusiasm for following one’s heart and inventing a life for oneself that encompasses everything that touches it.

Originally from Illinois, Max Salk found himself drawn to the world of investment and finance at a young age. But even then, he found himself drawn to things that interested him on separate parts of the spectrum. Salk obtained his undergraduate degree in finance and history, and found a love of photography while studying abroad in Rotterdam, the Netherlands during his junior year of undergraduate studies. Max worked for an investment management firm in Chicago, prior to moving to New York City to become a part of the team at Blackstone, his current employer. When taking time away from the rigors of his position as Vice President and U.S. credit research analyst, Salk enjoys travel all the while taking photos of various landscapes that catch his eye and peak his interest. Posting the photographs on Instagram as well as his personal photography website, proving that there is always a way to follow one’s passion if it is important to them.

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Adirondacks #photography #naturephotography #landscapephotography #adirondacks #adirondackmountains #lakeplacid #mountains #hiking #upstateny #upstatenewyork

A post shared by Max Salk Photography (@max_salk_photography) on

The difficult thing about becoming successful at something that is not of particular interest is that the passion is missing; as Max Salk explains. If there is no drive to learn more or become better, there is no reason to work so hard. When pursuing something that is loved, the work becomes part of the person and the person becomes more motivated to do well and succeed. Salk touts that it is only by looking within oneself that their true passions will be found and that each person must follow the path they choose in life. Each individual must keep their minds and hearts open to any and all possibilities because anything could be coming around the corner. Max Salk is an example of how diligence towards what moves someone is the ultimate catalyst to living a life one loves and that makes him or her truly happy.

https://prabook.com/web/max.salk/3754344

https://www.bizjournals.com/newyork/potmsearch/detail/submission/6473231/Max_Salk