Unpacking the Fiduciary Standard with Matthew Mintzer | Tao of Chao 10

In this episode of the Tao of Chao podcast, Philip Chao sits down with Matthew Mintzer, Executive VP of Pentegra Retirement Services, and financial industry veteran to discuss the significance of the Fiduciary Standard under ERISA (Employee Retirement Income Security Act). We live in an age where technology provides us with endless data, but how do fiduciaries navigate it wisely, and use it to advise clients on retirement planning? 

Check out previous Tao of Chao episodes for more insights into the world of retirement planning!

👓 Learn more about our HOST

Philip Chao
Website: https://philipchao.us
Follow Philip on LinkedIn

DISCLOSURE: Views expressed in the Tao of Chao podcasts are individual opinions and they do not represent the employers of each guest or the firm with which each guest is associated. Our podcasts are for educational and informational purposes only and should not be deemed or viewed as investment advice or recommendations. Please consult your personal financial advisor, investment expert, or investment fiduciary before taking any actions about your plan and investments.

Chapters

• 0:00 Show Open
• 0:38 Introducing Matthew Mintzer of Pentegra
• 1:57 The history of Pentegra and "client first"
• 4:45 Client first ethos
• 5:26 What business are you in: fiduciary or record keeping?
• 7:51 Plan governance responsibility
• 10:10 What is a fiduciary?
• 16:10 Putnam's "Prudent Man Rule"
• 17:20 ERISA rules
• 19:08 Department of Labor definitions of fiduciary
• 23:58 Consolidation in our industry
• 31:25 Conflicts in retirement planning and the state of retirement investing
• 40:00 Protecting plan participants
• 43:19 Core competency creep and restoring trust
• 47:39 Wrapping our conversation