Author Archives: Arnerich Massena

Arnerich Massena Publishes New White Paper – Retirement Plan Best Practices: Participant Education

Arnerich Massena is pleased to announce the publication of a new white paper, Retirement Plan Best Practices: Participant Education. This paper is the last of a five-part series outlining retirement plan best practices; the series includes Plan Governance, Plan Design, Investment Menu Construction, and Plan Monitoring, and now concludes by covering participant education. Participant Education examines best practices for a plan sponsor in designing education and engagement programs to improve participants’ financial wellness and long-term retirement outcomes. Read more »

Arnerich Massena I AM Learning Partnership’s Soup for the Soul Carnival a Huge Success!

Arnerich Massena’s I AM Learning Partnership partnered with Imperfect Produce to host “Soup for the Soul,” a school/community carnival to benefit the Oregon Food Bank. The event was well-attended, with multitudes of families who came out to participate on the beautiful Friday afternoon of May 18, enjoying soup samples and visiting carnival booths. The kids loved trying their hand at food-themed games like the “Milk Mustache,” the “Pancake Flip,” and the “Apple Toss” – they all left with tattoos and prizes galore. And the volunteers from both Arnerich Massena and the I AM Learning Partnership Girls’ Club had a great time too. Read more »

The Silicon Review Features Smart Wires, Inc. in “Powering the Future”

“We are delighted to present Smart Wires, Inc. – dedicated to providing grid optimization solutions for transmission organizations worldwide.” The May Silicon Review team interviewed Gregg Rotenberg, CEO and President of Smart Wires, Inc. (one of the private equity investments made by 3×5 Partners, LLC, an Arnerich Massena Approved Manager and affiliate), showcasing the work the company is doing to upgrade utilities globally, making it possible to maximize the efficiency of our existing energy grid. Read more »

Skewed to the Top: How passive investing may be affecting pricing

By Bryan Shipley, CFA, CAIA, Co-CIO

Passive investment management: 
A passively managed fund seeks to match the performance of an index by replicating the index’s holdings. Passive investment management delivers market returns, and typically has lower fees than active management.

Over the past decade, investor preference for passive investing has dramatically altered equity markets. This huge movement toward index investments (inflows to passive investments of more than $200 billion annually in 2016 and 2017) may have repercussions on equities’ pricing and valuation, the implications of which should be considered by investors. While we understand there are valid reasons many investors have shifted their preference to more index-based solutions, it would also be naïve not to be aware of the unintended consequences of this shift. Read more »

The DOL Reminds ERISA Fiduciaries That Economic Considerations Must Come Before ESG

In the Department of Labor’s (DOL) Interpretive Bulletin 2015-01, guidance encouraged plan sponsors to incorporate into their plans economically targeted investments (ETIs), investments that are selected, in part, for the social and/or environmental benefits they provide in addition to the investment return. Now, a new Field Assistance Bulletin, No. 2018-01, reminds fiduciaries that economic considerations must take priority over any collateral environmental or social benefits. Fiduciaries may not sacrifice investment return or take on additional investment risk in order to pursue environmental, social, and governance (ESG) factors in an investment. Read more »

Why is Downside Protection so Important?

Behavioral economics tells us that people feel the pain of a loss more deeply than they feel the pleasure of a gain. For this reason, risk aversion is common among investors, as we try to avoid that pain. But there is a mathematical reason painful losses feel more impactful than gains; the return percentage needed to make up for a loss can be significantly greater than the loss itself. Read more »

Arnerich Massena Sponsors the Rose Villa Foundation’s Jungle Adventure, Coming up on May 4

The Rose Villa Foundation is hosting its 2018 fundraising event, Jungle Adventure, on Friday, May 4, featuring an evening of cool cocktails, scrumptious cuisine, silent and live auctions, games, raffles, and more! Proceeds help provide critical financial assistance for housing and support of Rose Villa residents who outlive their resources. Read more »