DOL rule implementation, unfolding political change, and an army of emerging technologies are sure to make 2017 one for the books. NICSA’s Strategic Leadership Forum couldn’t come at a better time.
Among a series of impressive speakers lined up for this year’s Strategic Leadership Forum, we’ve got one “out-of this-world” keynote lined up.
Retired NASA Astronaut Scott Kelly is scheduled to present “The Sky is Not the Limit – Lessons from a Year in Space” on January 31 at the NICSA SLF.
By Dan Houlihan,
Chairman of the Board, NICSA
Executive Vice President, Corporate & Institutional Services, Northern Trust
Since our last gathering at the NICSA GMM in September, some big changes have taken place.
Is your firm prepared for an increase in dealer/custodian resignations?
As the DOL rule effective date looms closer, the industry as a whole is bracing for what many expect to be an increase in volume of “orphaned accounts.” Dealer and custodian resignations raise a number of potential issues and challenges for mutual fund complexes and their service providers.
By Jim Fitzpatrick
On a recent business trip, as my flight was being diverted, I began to think that it felt much the same as our current journey as financial professionals. I’ve been in the business a long time, and I’ve been on many a “diverted” journey along the way, but non so dramatic as the shift in direction we all may be about to take in 2017.
The DOL fiduciary ruling is fundamentally altering the financial industry. Are you prepared? There’s an urgent need for business strategy development in this ever-fluid environment. Be sure to have your game plan in place before the final ruling takes effect.
NICSA’s Midwest Regional Meeting (MWRM) took place in Chicago on October 20. In an informal setting conducive to idea sharing and collaboration, several industry experts shared their views on “What’s Next” for the rapidly changing financial industry.
Diversity among financial services boards and executive committees is on the rise. And the benefits are clear. Different perspectives promote smarter decisions and advocate for a better customer experience by reaching demographically diverse markets.
NICSA’s annual General Membership Meeting—an event that connects the global investment management industry in order to develop and advance leading practices—took place earlier this week at the Revere Hotel in the heart of Boston.
Laws governing the mutual fund industry and its relationship with shareholders are predominately federal regulations; however, some state-issued mandates need to be considered. While the industry has been highly focused on new federal fiduciary rules related to Investors and their retirement savings, fund managers and service providers must also be mindful of Connecticut’s Mandatory Elderly Abuse Training Law established earlier this year, for one.