Water Cooler Wisdom: Second Quarter 2016

By Mack Bekeza Is the U.S the only place for long term returns? Although the United States has experienced one of the best bull markets in terms of duration and returns, investors have been wondering what is next. This past year has not been as invigorating as the prior few years and, on top of […]

Coming April 10, 2017

Did you know that when you pay for investment advice, your adviser might not always have your best interests at heart? Yes, investment advisers are currently legally allowed to sell you products with their own financial gains in mind, even if it means that the products have a high price tag or pay excessive commissions. […]

Water Cooler Wisdom: Third Quarter 2015

During last quarter’s review meeting, I promised a snarky review this quarter, but “good grief” as Charlie Brown would say. The “Grexit” story from July feels insignificant at this point. Greece is now negotiating the “transfer” of over 50,000 migrants and refugees. In fact, the International Organization for Migration reported that more than 35,000 migrants […]

Supreme Court to Fiduciaries: You Must Monitor Your Plans’ Investments!

Castle Rock Investment Company wanted to update you on a recent significant Supreme Court case. Last month, the United States Supreme Court issued a unanimous decision (9-0) in Tibble v. Edison International, ruling that plan sponsors are not only responsible for reviewing retirement plan investments but that they also have a “continuing duty to monitor […]

Declaration of Independence

“Can you be more specific?” Embarrassing, but true: the retirement industry is asking that of the US government. The definition of a Fiduciary needs to be more specific because of cases where Plan Sponsors are legally charged unreasonable fees for a long time, but the Department of Labor’s interpretation is undesirable to Wall Street. Of […]

Not that Complicated

In any fight, there are two sides waving their arms around. The Financial Services Institute, or FSI, states in response to a recent White House memo that changing the way the delicate fiduciary system is run will ruin everything. The Financial Services Institute, or FSI, is in opposition to redefining the Fiduciary Standard as it […]

Press Release: Castle Rock Investment Company Announces Support of SaveOurRetirement.com

(CASTLE ROCK, COLORADO JANUARY 26, 2015) Castle Rock Investment Company has announced its support of the Department of Labor’s (DOL) effort to more broadly define fiduciaries as “those persons who render investment advice to plans and IRAs for a fee.” By amending the regulatory definition of the term “fiduciary,” the DOL will require all investment […]

Risk Management: Employee Retirement Plans

Castle Rock jumps through hoops to be among the best investment advisors. Not every investment advisor goes through the same rigorous training because these hoops are not legally required. We do not think that making best practices a legal requirement will diminish our status as one of the best firms around, but we do think […]