Conference Materials


Breakout Sessions - Institutional Account Risk

Wednesday, May 8, 2019 1:15 PM - 2:15 PM


Thompson, CFP, CRSP, AIF Robert K.

Senior Vice President – Institutional Services
Chicago, Illinois

Speaker Bio

Session Description

The Retirement Plan Marketplace, which currently encompasses over $28 trillion, has a complicated legal and compliance framework that requires financial organizations to have comprehensive policies, procedures, and controls in place to assure proper compliance and risk management. This program will focus on the compliance, operational, and reputational risks facing retirement service providers. Specifically, the areas to be discussed will be those identified by the Internal Revenue Service, Department of Labor, and the OCC.

Are the risks the same in Institutional Client accounts as they are in Individual accounts? What types of accounts make up the Institutional market? Fraud can and will occur even in the most visible types of accounts. This session will focus on various risks in Institutional accounts through a discussion of several real-life situations. Bob will bring unique hands-on examples of risk in this market. This will include an examination of the controls that were in place or should have been in place at various levels. Attendees will learn how to (1) identify such risks and (2) how to possibly mitigate such risks before they occur.

Session Material

Institutional Account Risk