WEBINAR
Principles of Individual Retirement Accounts
Designed specifically for Trust Operations Staff, Trust Administrative Assistants, Middle Office Staff, Investment Assistants and IRA Custodial Staff.
- Do you have Administrative Assistants and Operations staff perform their tasks more effectively if they understand more about IRAs?
- Have the regulators / auditors suggested you should do more staff training?
- Are you finding it hard to find time to train new staff?
- Have there been operational errors because your staff didn’t understand why they were performing certain tasks?
- Are you finding the new hires in these positions expect career development training?
If the answer to any of these questions is yes, READ ON to learn more about these five foundational educational topics delivered in this webinar series.
A FIVE-SESSION JOURNEY THROUGH RETIREMENT PLANNING AND OVERSIGHT
This online seminar series is designed to provide a comprehensive overview of the principles, strategies, and regulations surrounding Individual Retirement Accounts (IRAs) and retirement planning. From foundational tools to advanced risk management practices, each session equips participants with the knowledge to navigate IRAs with confidence and compliance.
SESSION ONE – Retirement Planning and Products
Begin with a broad understanding of today’s retirement saving options. This session covers the evolution and limitations of government saving schemes like Social Security, tax incentives for saving, and company-sponsored retirement plans like 401(k)s, IRAs, pensions, and 403(b)s. ERISA is introduced, as are its regulations. The ROTH program, its benefits, and tax code constraints are explored.
SESSION TWO – Retirement Saving Strategies and Prohibited Transactions
Take a deeper dive into retirement saving strategies. This session introduces sophisticated investors and begins to explore sophisticated investments. Prohibited transactions are introduced, as well as the regulatory penalties associated with them. The concept of tax deferral is examined, along with permissible investments within account types, equipping participants with strategies to optimize portfolio performance while adhering to regulatory guidelines.
SESSION THREE – Wholesale and Internal Asset Management
Discover the benefits of wholesale and internal asset management as the baby boomer generation transitions into retirement. This session emphasizes risk mitigation techniques, pooled investments, and the power of professional management. Topics include asset allocation, cost allocation, and the advantages of economies of scale for improving portfolio performance.
SESSION FOUR – Performance Measurement, Client Communication and Sales
Learn the importance of aligning risk and time horizon in investment planning. This session explores price fluctuations, inflation, credit ratings, capital gains, and the impact each can have on retirement portfolios. Participants will gain insights into to targe lifecycle funds and how they can align with specific investment strategies, risk profiles, and client needs.
SESSION FIVE – Risk Management and Oversight
Conclude the series with a focus on risk management and fiduciary oversight. This session explores risk appetite and risk tolerance alongside the collective roles of compliance, governance, and the board of directors in overseeing fiduciary activities. Participants explore some of the methods used to analyze and measure risk, the role of audit as a control tool, and how investor behavior influences risk management practices. The last session of the program concludes with an analysis of investor behavior from a fiduciary perspective, providing a holistic view of risk management and oversight.
Pohl Consulting and Training is pleased to offer a cost-effective solution to your training needs. Take advantage of our knowledge, experience and expertise and give your staff what they need.
Take full advantage of this cost-effective training solution. Capitalize on our expertise and experience and give your staff what they need.
- Training is presented live and is interactive. It is not computer-generated nor does it require travel. Sessions are recorded and can be provided to those who were unable to participate in a session.
- Each module is self-contained and does not require pre-work or completion of another course.
- Discussion topics to facilitate in-house mentoring are provided for each segment.
The Webinars will be conducted at a frequency determined in consultation with the client organizations management. Each Webinar will be approximately 1 hour in length.
Investment Options:
- $3,950 for the Program. ($3,500 for retainer clients) This allows your institution unlimited seats for the webinar.
- If you would prefer to conduct just one of the webinars based on its topic, it will be $1,250 per webinar. ($1,000 for retainer clients)
Michael Daly is Director of Risk Management and Operations at Pohl Consulting and Training. He knows firsthand the importance of education as an essential guide to the various routes to success.
With over 25 years’ experience in trading, operations management, product development and risk management, he’s watched regulations and technology evolve and support fiduciary businesses.
Mike provides high energy storytelling to simplify complex regulations, and both history and logic to define and clarify fiduciary fundamentals. He’s been a trainer and national conference speaker for the ABA and for over a decade served as Chair of the ICB/ABA Certification of Securities Operations Professionals (CSOP). For eight years he served on the Board of Directors for the Fiduciary and Investment Risk Management Association (FIRMA) and has authored numerous industry articles.
His certifications include Securities Operations Professional (CSOP), Fiduciary and Investment Risk Specialist (CFIRS), Corporate Trust Specialist (CTTS), and Project Management Risk Management Professional (PMIRMP). He holds an MBA in International Business from the Thunderbird School of Global Management, Arizona State University.
Please fill out the form below to get in contact with our team about this webinar series.
"*" indicates required fields
