Jamie Cooke helps business owners with new regulations in free “Business responsibility for retirement plans” seminar

Jamie Cooke, investment and retirement coach and principal with MC2 Wealth Solutions, recently was named an Accredited Investment Fiduciary® (AIF®) by the Center for Fiduciary Studies.

Jamie Cooke, CLU®, ChFC®, CDFA®, AIF®, investment and retirement coach and principal with MC₂ Wealth Solutions, is offering a free “Business responsibility for retirement plans” seminar for business owners, fiduciaries and others who are responsible for employee retirement, pension and 401(k) plans.  The seminar will be held 7:30-8:30 a.m., Tuesday, July 19, at the Hyatt Place, 1790 E. Plumb Lane in Reno.

Seminar participants will take away practical action steps to assure they are in full compliance with all requirements.  “Many employers are unaware of their potential legal liability,” said Cooke.  “They don’t realize they can be held personally liable not only for investment losses, but also for funds or stocks that are in their plans,” she added. Federal law in 2012 will mandate that plan sponsors and trustees verify that costs associated with their retirement plans are “reasonable and fair.” 

“Understanding costs has until now been very difficult due to the way fees are layered into the plans, but they can amount to thousands of dollars over any one person’s term of employment,” Cooke said.  “MC₂ has partnered with a firm specializing in benchmark reporting for plan sponsors so they can objectively compare how their plans stack up in terms of fees.”   

Cooke specializes in investment coaching, retirement plans and financial analysis in divorce at MC₂ Wealth Solutions, an independent investment firm in Reno.  She recently was awarded the Accredited Investment Fiduciary® (AIF®) designation from the Center for Fiduciary Studies, an organization offering training, tools and resources to promote a culture of fiduciary responsibility and improve decision-making processes of fiduciaries. 

The AIF designation signifies specialized knowledge of fiduciary responsibility and the ability to implement policies and procedures that meet a defined standard of care.  The designation is the culmination of a rigorous training program including a comprehensive exam and agreement to abide by the AIF code of ethics. 

For more information or to RSVP for the “Business responsibility for retirement plans” seminar, please contact 775-825-3001 or [email protected].