Posts in FYI
E-Delivery Bill's Introduction in the Senate Sets the Stage for 2019 Action

“Bipartisan legislation to allow plan sponsors to use e-delivery as the default distribution method for ERISA required retirement plan documents was reintroduced in the Senate in the waning days of the 115th Congress.

The “Receiving Electronic Statements to Improve Retiree Earnings (RETIRE) Act” (S. 3795) would permit retirement plan sponsors to automatically enroll participants in electronic delivery for plan communications, while providing an opt-out option for employees who prefer to continue receiving paper documents.” Click here to continue reading.

Source: Napa.net

The Grinch Comes to Loanland, but Expect a Short Visit

“Just seven short weeks ago, the floating-rate loan market was standing tall with 4.0% year-to-date return through October. Not only were loans on pace for the 5%+ calendar year mark that many anticipated, they had performed with remarkably low volatility and a performance profile that trumped all major asset classes.

Enter the Grinch.

Click here to continue reading.

Source: Eaton Vance

Fed Rate Hike: What Does it Mean for Your Portfolio?

“Here we go again: The Federal Reserve (Fed) just raised the federal funds rate target for the fourth time this year—and the ninth time in the last three years. The move was expected by most economists, although recent market volatility and increasing calls for the Fed to pause rate hikes resulted in a 68% implied probability of a hike the day before the announcement—the lowest level of this cycle. Since the Fed began its rate hiking cycle in December 2015, the day-before probabilities had ranged from 83% to 100%.” Click here to read more.

Source: Charles Schwab

How This All Happened

If you fell asleep in 1945 and woke up in 2018 you would not recognize the world around you. The amount of growth that took place during that period is virtually unprecedented. If you learned that there have been no nuclear attacks since 1945, you’d be shocked. If you saw the level of wealth in New York and San Francisco, you’d be shocked. If you compared it to the poverty of Detroit, you’d be shocked. If you saw the price of homes, college tuition, and health care, you’d be shocked. Our politics would blow your mind. And if you tried to think of a reasonable narrative of how it all happened, my guess is you’d be totally wrong. Because it isn’t intuitive, and it wasn’t foreseeable 73 years ago. Here’s how this all happened.

Click here to read the article.

Source: The Collaborative Fund

Articles, FYIScott Middleton
Innovest Named A Best Place to Work in Money Management by Pensions & Investments

Innovest is honored to be named a 2018 Best Place to Work in Money Management by Pensions & Investments. This marks the fourth time that Innovest has been awarded the national honor in the past five years (2014, 2016, 2017, 2018).

Pensions & Investments ranked Innovest fifth out of 19 companies with 20 to 49 employees, citing Innovest’s family-friendly work environment and personal and professional development opportunities.

“We are humbled to be awarded this honor for a fourth time. It is one of the awards that we are most proud of as a firm as it is a testament to our outstanding employees and Innovest's culture,” said Richard Todd, CEO of Innovest Portfolio Solutions.

To learn more, click here.

Source: Pensions & Investments

Innovest employees volunteered to paint a senior’s home for Brother’s Redevelopment.

Innovest employees volunteered to paint a senior’s home for Brother’s Redevelopment.

Urban Peak

Urban Peak, a Denver based nonprofit, works to provide services to Denver’s homeless youth. Their goal is to equip young adults with the skills to overcome difficult challenges and become self-sufficient.  Urban Peak provides overnight shelter, employment programs, a drop-in day center, street outreach, educational and employment services and supportive housing. In 2016, Urban Peak served 1,814 youth, with many moving on to have stable lives. On Monday, October 22nd, Urban Peak is hosting its annual fundraiser, “Plates for the Peak”. Come enjoy specialty drinks, fabulous food, music and a silent auction to support Urban Peak! Tickets are available for purchase online.

#SocialMedia: Start Here

Social Media is one of the best or the best way to get your company started and a great way to have people recognize and help your company grow. The best platforms for your company include LinkedIn, Facebook, and Twitter. Click here to learn more ways to use social media to grow and build a community.

Source: HartfordFunds

Articles, FYIRichard M. Todd
Socially Responsible Investing Comes of Age

Socially Responsible Investing has emerged as a significant trend with competitive returns over both short and long terms. By demonstrating solid long-term returns, we’re likely to see more widespread adoption of these strategies in the future. Click here to read more.

Source: Charles Schwab

FYI, SRIRichard M. Todd
5 Simple Habits of Caring Managers

This article explores five key things successful managers do to inspire and motivate their team.

1. Seize every opportunity to rave about their team members.

2. Give them your undivided attention.

3. Coach them to course correct with love.

4. Initiate consistent professional development talks.

5. Believe in them.

Click here to read more.

Source: Customer Fanatix

FYIRichard M. Todd
Timing Social Security: A (Very Personal) Review of Claiming Calculators

"Is there any financial decision more complicated, far-reaching and irrevocable than when to file for Social Security retirement benefits? There is an optimum filing strategy that will maximize lifetime benefits—and reduce longevity risk—for every individual or couple. But analyzing hundreds of scenarios to identify that strategy is dizzying." Click here to read more.

Source: Wealth Management.com