Fiduciary risk management starts with knowing what serving in a fiduciary capacity requires. Any firm or person acting as a fiduciary must understand their duties, what counts as fiduciary failure and what follows from it.
This 60-minute webinar explains fiduciary roles and fiduciary-like responsibilities, the conditions that can trigger a fiduciary risk event, and the risk management processes that should be in place. It focuses on suitability and disclosure as common causes of risk events, identifies the functions that carry fiduciary duties, cites the laws and regulations that govern fiduciary activity, and addresses the DOL Fiduciary Rule.
WHY SHOULD YOU ATTEND?
Fiduciary failure carries serious consequences, so anyone with fiduciary duties, or oversight of them, needs a clear view of where risk arises.
This session suits individual fiduciaries and fiduciary business staff, senior managers, risk, compliance and audit professionals overseeing fiduciary activities, investment management and private bank leaders, trustees, regulators, and colleges teaching risk management.
AREA COVERED
- Fiduciary and fiduciary-like responsibilities
- Functions that carry fiduciary duties
- Potential causes of fiduciary risk events
- Suitability and disclosure as sources of risk
- Fiduciary risk conditions, events and consequences
- Laws and regulations that govern fiduciary activities
- The DOL Fiduciary Rule
LEARNING OBJECTIVES
- Explain fiduciary roles and fiduciary risk
- Identify the conditions that give rise to fiduciary risk events
- Evaluate suitability and disclosure as causes of fiduciary failure
- Describe the consequences of fiduciary risk events
- Recognize the laws and regulations that govern fiduciary activities
WHO WILL BENEFIT?
- EVP/SVP – Investment Management
- EVP/SVP – Private Bank
- Relationship Managers - Investment Management
- Asset Managers - Investment Management
- Relationship Managers – Private Bank
- Fiduciary Business Manager
- Fiduciary Risk Management Manager
- Fiduciary Compliance Management Manager
- Fiduciary Audit Manager
- Trustee
Fiduciary failure carries serious consequences, so anyone with fiduciary duties, or oversight of them, needs a clear view of where risk arises.
This session suits individual fiduciaries and fiduciary business staff, senior managers, risk, compliance and audit professionals overseeing fiduciary activities, investment management and private bank leaders, trustees, regulators, and colleges teaching risk management.
- Fiduciary and fiduciary-like responsibilities
- Functions that carry fiduciary duties
- Potential causes of fiduciary risk events
- Suitability and disclosure as sources of risk
- Fiduciary risk conditions, events and consequences
- Laws and regulations that govern fiduciary activities
- The DOL Fiduciary Rule
- Explain fiduciary roles and fiduciary risk
- Identify the conditions that give rise to fiduciary risk events
- Evaluate suitability and disclosure as causes of fiduciary failure
- Describe the consequences of fiduciary risk events
- Recognize the laws and regulations that govern fiduciary activities
- EVP/SVP – Investment Management
- EVP/SVP – Private Bank
- Relationship Managers - Investment Management
- Asset Managers - Investment Management
- Relationship Managers – Private Bank
- Fiduciary Business Manager
- Fiduciary Risk Management Manager
- Fiduciary Compliance Management Manager
- Fiduciary Audit Manager
- Trustee