Schultz Collins Lawson Chambers, Inc. - SCLC

Safety First: Protected Investment Products

Fri, 21 Mar 2008 10:26:07 -0800

Synopsis:

This article was co-written by Patrick Collins, Huy Lam, and Josh Stampfli.

What Trustees Should Know about Asset Management Approaches and Rebalancing Elections

Fri, 14 Dec 2007 10:22:40 -0800

Synopsis:

This article was co-written by Patrick Collins and Josh Stampfli and published in the November/December 2007, Wealth Strategies Journal.

What Trustees Should Know about Asset Management Approaches and Rebalancing Elections

Life-Cycle Funds and Retirement Savings Elections

Wed, 19 Sep 2007 10:44:04 -0700

Synopsis:

Life Cycle funds are becoming more and more popular in the retirement savings investment community. Read more about how they are constructed and used in this article, originally published in Retirement Counseling, Society of Financial Service Professionals (June 2006).

Trustee Administration of Life Insurance

Wed, 19 Sep 2007 10:26:14 -0700

Synopsis:

This is a four part series on the administration of life insurance as an asset of trust. It was published in “The American College of Trust and Estate Journal.” ACTEC

Article 1) Trustee Administration of Life Insurance;
Article 2) Standards of Prudence and Management of the Insurance Portfolio;
Artile 3) Evidencing Care, Skill and Caution in The Management of ILITs; and
Article 4) ILIT Asset Management: The Written Investment Policy Statement.

Without More: Trust Investment Manager Selection and Retention Policy

Thu, 26 Jun 2008 15:25:04 -0700

Synopsis:

Selecting actively managed investment strategies for all, or a portion, of trust assets can be difficult. Herein we describe the process of identifying superior active managers, and metrics fiduciaries could use to document the prudence of their manager selection process.

Investing in Commodities: Issues and Current Research

Tue, 17 Jun 2008 15:42:58 -0700

Synopsis:

This article examines the pros and cons of investing in commodities-related investments. The question of whether or not to include it in a portfolio has no easy answers. Finding suitable and prudent investment vehicles can be even more daunting, but we have some insights.

Prudence

Thu, 26 Jun 2008 15:25:29 -0700

Synopsis:

The paper begins with a brief recap of recent fiduciary surcharge cases in which defendants were found in breach of their duties because of failure to establish a credible basis upon which to exercise investment discretion. In several cases, the lack of a well-articulated, fully documented, and suitable investment strategy was, in itself, found to be a fiduciary breach. The paper also works through the question: ‘what constitutes a prudent decision making process?’ — i.e., allows for the exercise of reasonable (and defensible) trustee discretion.

Multifactor Asset Pricing Models and the Rationale for Investing in Value Stocks

Thu, 9 Mar 2006 09:05:41 -0800

Synopsis:

This article summarizes academic research into multifactor asset pricing models, with specific emphasis on growth and value stocks. The article notes that empirical studies observe that value stocks typically generate superior risk-adjusted returns relative to growth stocks, and addresses implications for future equity investments if, in fact, the value premium is not a priced risk factor.

The Decision to Replace Trust Owned Life Insurance Policies

Fri, 13 Jan 2006 09:20:20 -0800

Synopsis:

Reprinted from the November/December 2005 issue of The Banking Law Journal.
There appears to be an increased expectation that Irrevocable Life Insurance Trust (ILIT) trustees should discharge the duties of their office in a manner that is academically sound, administratively reasonable, and legally defensible. Here, the authors explore when an independent trust company or bank trust department, or other professional trustee, should consider when to replace trust owned life insurance policies.

Risk, Return and Rebalancing

Tue, 18 Sep 2007 21:06:23 -0700

Synopsis:

This article examines the implications of various portfolio rebalancing methodologies and includes test results from a series of simulation models.

Lawyer as Trustee: Working with Brokers, Investment Advisors and Financial Planners

Fri, 3 Jun 2005 17:56:09 -0700

Synopsis:

This article addresses best practice standards for lawyers that work with brokers, investment advisors and financial planners in supporting investments owned through a trust account

Lawyer as Trustee: Duty to Monitor and Review Investments

Fri, 3 Jun 2005 17:56:30 -0700

Synopsis:

This two-part article addresses the fiduciary duties of lawyers acting as co-trustees. Its focus is the monitoring of investments and investment strategies to determine their ongoing prudence and suitability.

Lawyer as Trustee: Duty With Respect to Inception Assets

Fri, 3 Jun 2005 17:57:06 -0700

Synopsis:

What duties does a lawyer/trustee have to develop strategies for the retention and disposition of assets within a reasonable amount of time after accepting a trusteeship?

TIPS: Bonds that Protect Against Inflation

Fri, 3 Jun 2005 17:51:04 -0700

Synopsis:

A relatively new kind of bond—TIPS—may offer a way to capture fixed income returns while limiting exposure to inflation risk.

Managing Investment Expenses: Trustee Duty to Avoid Unreasonable Costs

Fri, 3 Jun 2005 17:57:23 -0700

Synopsis:

A summary of the laws governing trustee responsibility for controlling costs.