Deferred Compensation News and Updates

Deferred Compensation News brings you the latest information and insights on 409A nonqualified deferred compensation; institutional COLI, BOLI, and ICOLI; tax-and cost-efficient non-COLI funding strategies; low-cost tax managed non-COLI asset/liability designs; executive benefits benchmarking; succession planning and timely issues of executive pay and benefits. Click here to read all recent articles related to the impact of the COVID-19 Pandemic.
Featured image for “Remembering Dr. Martin Luther King”
January 17, 2022

Remembering Dr. Martin Luther King

leadership

Honoring the leadership and courage of Dr. Martin Luther King.
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Featured image for “The New Diversity in the Boardroom Requirement”
August 19, 2021

The New Diversity in the Boardroom Requirement

leadership

The Securities and Exchange Commission (SEC) approved a proposal by Nasdaq related to a new diversity in the boardroom requirement.
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Featured image for “Diversity in the Boardroom, a Look at America’s Largest Companies”
June 29, 2021

Diversity in the Boardroom, a Look at America’s Largest Companies

leadership

ISS Corporate Solutions, Inc. (ICS), published the results of its recent analysis of diversity in the boardroom of S&P 500 companies.
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Featured image for “Tom Chisholm Accepted into Forbes Business Council”
February 10, 2021

Tom Chisholm Accepted into Forbes Business Council

leadership

For the 2nd consecutive year, Tom Chisholm, Senior Vice President Retirement, Fulcrum Partners has been accepted as a member of Forbes Business Council.
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November 03, 2020

One Nation…

leadership

I pledge Allegiance to the flag of the United States of America and to the Republic for which it stands, one nation under God, indivisible, with Liberty and Justice for all.
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Featured image for “What Does ESG Stand For? What Does ESG Mean for Business and Investors?”
June 23, 2020

What Does ESG Stand For? What Does ESG Mean for Business and Investors?

leadership

ESG stands for Environmental, Social, and Governance. Established to help define the environmental, social, and corporate accountability a company demonstrates and can document, the term ESG is often used to help prospective investors and current stockholders assess how a company aligns with the investor’s own principles of what is socially and environmentally ethical and acceptable. This report offers a timeline of how this direction has emerged and why it may presently represent one of the strongest drivers of U.S. economic direction both now and for the foreseeable future. 
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October 11, 2019

Fulcrum Partners: Committed to Leadership Through Service

leadership

Anthropologist Margaret Mead’s famous quote, “Never doubt that a small group of thoughtful, committed, citizens can change the world. Indeed, it is the only thing that ever has,” appears more than once on the Fulcrum Partners website. By most standards, our core team of managing directors and financial consultants are a “small group”.  However, they take their responsibility to effect change seriously. Both collectively and individually, the team at Fulcrum Partners supports numerous charitable initiatives and organizations. Some of the groups are local, some are global, and all are selected because they are organizations that are making a meaningful difference in the lives of others. On the homepage of our website (fulcrumpartnersllc.com) we have a section we call “Inspire.” For several years, we’ve been using this portion of our home page to share some of the Fulcrum Partners philanthropic and volunteer activities. Our intent has always been to ask others to consider the question: “Who inspires you?” As our team has expanded, we’ve seen our outreach grow and our capacity and platform to help more people in need likewise expand. With this increase in mind, we’ve also expanded our website with a new “Commitment to Giving” webpage. Here, you’ll find
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Featured image for “Coach Harrick Will Tell You: Retirement Means Living Life on Your Own Terms”
April 04, 2019

Coach Harrick Will Tell You: Retirement Means Living Life on Your Own Terms

leadership

For a man that loves the game of basketball, you might think that thirty-plus years of college coaching, taking Division I college teams to the NCAA tournament 16 times, and winning it all by leading UCLA to the National Championship in 1995 would be enough. You might think Coach Jim Harrick would look back on his many legendary accomplishments and say, “I am going to relax and maybe play a little golf in my retirement.” On July 25, Jim Harrick will be 81 years old. While he does get on the golf course regularly, he’s also wrapping up his first season  as an Assistant Coach of the Cal State University Northridge men’s basketball team. This past year, the CSUN Matadors, in rebuilding mode, finished with 13 wins, more than twice the number they had in the previous season. They logged victories over Pepperdine, Tennessee State, Rider and took Yale to overtime before losing 94-90. And next year, under head coach Mark Gottfried and assistants Jeff Dunlap, Mo Williams, and Jim Harrick, they’ve set their sights on even greater accomplishments as they focus on the team’s continued growth as a program and the personal development of each student athlete. At nearly
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Featured image for “Congratulations AALU on Doubling Membership”
April 03, 2019

Congratulations AALU on Doubling Membership

leadership

Earlier this month, the American Association of Life Underwriters (AALU) announced that by reaching a membership level of more than 4,000 entrepreneurial financial security professionals, the association has now doubled its membership. Many of the managing directors at Fulcrum Partners are members of AALU and we are proud to share AALU’s recent announcement. AALU Doubles Membership Washington, D.C. – AALU today announced that it has doubled the size of its membership of entrepreneurial financial security professionals. Now more than 4,000 members strong, this is the most significant membership development in AALU’s history. Accomplished through a new membership category, Enterprise Membership, this is a tremendous step forward in executing the new strategic plan developed by the AALU leadership team in collaboration with the organization’s Board of Directors. Enterprise membership is designed to engage every licensed professional and their supporting team members from every firm. M Financial is the first to adopt Enterprise Membership with AALU. “When we grow the number of engaged financial security professionals across the life insurance distribution community, we will create a stronger organization that can produce better public policy outcomes,” said AALU CEO Marc Cadin. “Today’s announcement is a key step toward ensuring the reputation of the profession better reflects
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Featured image for “Generational Workforce Challenges, No You’re Not Imagining Them”
March 21, 2019

Generational Workforce Challenges, No You’re Not Imagining Them

leadership

Fulcrum Partners is pleased to share this article from Donna Bernardi Paul, managing director of BDO’s Business Services & Outsourcing practice. How to Address Generational Workforce Challenges By Donna Bernardi Paul Are differences in work and communication styles in the workplace among the different generations the cause of leadership or supervisory challenges—or is it something else? There have been a plethora of articles, seminars, webinars and discussions around millennials in the workplace and the challenges of managing and working with them due to their different work styles. When we talk about the importance of differences in the workplace, sometimes we forget about one of the most prominent dimensions—age. There are three main generations in our workforce currently, and we are on the brink of adding a fourth. Understanding how to relate to each is critical to successfully keeping them motivated and engaged in their work. The Baby Boomers: Born between the end of World War II and the early 1960s, Baby Boomers are also known as the “Me Generation.” They grew up with television. Mothers were typically at home, waiting for their children to come home from school, and children were allowed outside of their homes unsupervised. Their relationships with their parents,
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