Yup, the regulators picked enforcement. Slowly at first, then all at once, as they say. After much anticipation, we are seeing the emergence of regulation in the pooled special needs trust industry. The Securities and Exchange Commission (SEC), has taken interest in a pooled special needs trust trustee and has filed litigation, announced in this […]
Transformational Oversight, Part II: Read More »
Cape Cod, MA, August 9, 2021 – The Special Needs Financial Services Institute (SNFSi) launched today the first continually updated national database of nonprofit Pooled Special Needs Trust Administrators. This resource is available by subscription to professionals for $25 per month ($300 annually). Personalized provider searches and reports are now available to individuals and families
Founded in 1866, The Huntington National Bank has grown to be one of the country’s largest regional banks with $123 billion in assets. What hasn’t changed over the years has been their commitment to do the right thing and supporting people, businesses and communities. Newsweek’s 2021 list of America’s Most Responsible Companies ranks Huntington Bank
SNFSi Welcomes The Huntington National Bank as Founding Leadership Sponsor Read More »
ABSTRACT PSNTs are attracting more attention. Could this new focus increase regulatory oversight or spur transformational rulemaking? We don’t think so. PSNTs already operate in a highly indirectly regulated environment. Regulatory entities govern all of the component parts of PSNTs including investments, banking, nonprofit status, fundraising, activities of the PSNT administrator, and disability and related
Charitable nonprofits are not usually in the business of accumulating capital. In the upside-down world of philanthropy, organizations with cash on hand can be a turnoff to some donors. Until someone who prioritizes resiliency goes looking for operating reserves. Or really thinks through how to put out a fire (program expense) without a hose (administrative
Operating Reserves for Pooled Special Needs Trusts Read More »
SNFSi’s Pooled Special Needs Trust Report 2020: Poised for Growth is now available and includes detailed information about this industry and opportunity. The Special Needs Financial Services InstituteTM (SNFSiTM) was formed in 2020 to increase the availability and use of financial products and solutions by people with disabilities, estimated at 13% of the population, or
Disability impacts 1:7 Americans* (that is 42 million people) directly and touches many more lives indirectly. More than likely, advisors with a mature book have clients affected by special needs who wish to do as much life and financial planning as possible (perhaps even more so now), and a frustratingly small, and often prohibitively expensive,
This Market for Financial Services is Hiding in Plain Sight Read More »
March 19, 2020 | We were not fully prepared for this; not one of us had a COVID-19 toolkit in our desks. On the investment front though, some are better prepared than others. Financial professionals are expected to be able to manage investment volatility. Schooled (and ideally, experienced) in dealing with rapidly-changing markets, it is
COVID-19 and Trusts, Foundations, Endowments, and Program Related Investments Read More »
Quantitative data about the results delivered by women in C-suite and executive leadership has been accumulating for some time. Nevertheless, they resist. One of the ways of resisting is to ask for data, for proof of what we as women leaders bring to the table. Here’s proof.
Seats at the Table Mean Better Returns Read More »
