About Greg Kasten 9 posts published

Dr. Gregory W. Kasten serves as Founder and CEO of Unified Trust Company. He has published more than 100 papers on financial planning and investment-related topics in various financial and business journals; written two editions of the book Retirement Success. In 2007-2009, Medical Economics listed Dr. Kasten as one of "The 150 Best Financial Advisers for Doctors" in the country. Dr. Kasten was inducted into the Advisor Hall of Fame by Research Magazine in 2011 and in 2013 was named Retirement Plan Adviser of the Year by Employee Benefit Adviser Magazine. He has more than thirty years of investment experience.

Fiduciary Rule: What It Really Means on June 9

This Friday June 9, the DOL Fiduciary Rule—the landmark Obama-era investor protection rule–will go into theoretical effect, with full implementation on Jan. 1, 2018.  But during this transition period running throughout the remainder of 2017, the rule has no meaning.  In May, the DOL said it would not...

What Do Fiduciary Designations Say About Your Practice?

In a recent interview with Financial-Planning.com, I was asked to share my thoughts on how adding additional professional designations can help boost an advisor practice. You can read the article here: http://www.financial-planning.com/news/can-an-additional-professional-designation-deliver-a-practice-upgrade Fiduciary designations show professionalism and dedication to lifetime learning. Designations combined with culture allow our firm...

The Dilemma of Innovative Investment Strategies (Part 2)

The Dilemma of Innovative Investment Strategies:  The Intel 401(k) Litigation What fiduciary steps must be in place to prudently investigate and monitor such investments? The responsible fiduciaries managing innovative investments must follow the following best practices: “Solely in the interest of the participants and beneficiaries” The first step...

Everyone is a Fiduciary, Now What?

The reality is that not everyone will be a fiduciary, but it’s sure going to appear that way. Whether you are an advisor that currently accepts fiduciary responsibility or you have been/are prohibited from doing so, at a plan sponsor level or participant level, the proverbial playing field...

Implications of the Fiduciary Rule

After months of anticipation and years of debate, the Department of Labor (DOL) “Conflict of Interest Rule” has finally been released.  During the proposal process, the DOL fielded over 400,000 comments, some of which were in opposition to the rule while others were seeking clarification to specific areas...

The Dilemma of Innovative Investment Strategies (Part I)

The Intel 401(k) Litigation Do ERISA plans have the authority to innovate? The plaintiff’s claim in the Intel litigation seems to indicate that ERISA investments, particularly participant directed investments, must stringently follow mainstream strategies and that deviation from such strategies is, per se, imprudent. But, many innovative investment...