Portico Wealth’s Leidy Featured in Fiduciary News

March 27th, 2012
by Portico Wealth Advisors

Portico Wealth Advisors principal Jonathan Leidy was recently published on fiduciary watchdog site, Fiduciary News. Fiduciary News is a website that provides essential information, blunt commentary, and practical examples for ERISA fiduciaries and 401(k) plan trustees.

The piece centers on 12-b1 fees in retirement plans. 12b-1 fees are marketing charges that are built into a mutual fund’s operating expense ratio (OER). Leidy’s article provides a brief history of 12b-1s as well as an exploration of the challenges and conflicts that can arise from using them.

Read the entire article by following this link:  401k Plan Sponsor Warning: DOL May Sacrifice Fee Purity for Fee Transparency