Monthly Archives: April 2015

New Fiduciary Rules Proposed

“Today, I’m calling on the Department of Labor to update the rules and requirements that retirement advisors put the best interests of their clients above their own financial interests. It’s a very simple principle: you want to give financial advice, you’ve got to put your clients’ interests first.”

~President Barack Obama, February 23, 2015

Recognizing that the basic rules governing retirement investment advice have not changed significantly since 1975, the Department of Labor (DOL) has been working recently to address one of the most challenging issues in the retirement plan industry: conflicts of interest that impact the growth of savers’ investments. Read more »

Just Desserts

At Arnerich Massena, we are known for being a firm of foodies; after all, Portland is something of a mecca for excellent food. And we bring that excellence into our offices with occasional food-oriented competitions, such as our annual chili cook-off. One of our favorites is Just Desserts, a competition to see who can create the most sinful, the most calorie-laden, the sweetest, and the most delicious dessert. Everyone is really a winner of this contest, since we all get to taste the entries. Read more »