Products December 3, 2010

Fiduciary Adviser Unveils Training Program

Fiduciary adviser Roland|Criss has launched the Stewardship Development Center (SDC) to train fiduciary leaders and their teams.
Reported by

According to a news release, Roland|Criss will offer the SDC training to pension plan sponsors, endowments, and foundations beginning December 9. The program is designed to offer an in-depth understanding of how fiduciary laws shape the industry and their daily practices.

The news release said each of the three and a half hour seminars will be led by an accredited industry expert, and will include a breakdown of key fiduciary concepts, an explanation of the role of related tools, and the development of tactical skills required for fiduciary success. For some courses, HR, legal and/or accounting continuing education credits will be offered to attendees.

Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.

Ronald E. Hagan, President and CEO of Roland|Criss, will participate in the SDC’s training of boards of directors, trustees, investment committees, and executives for finance and human resources that oversee pensions’ and foundations’ investible assets. The SDC’s strategic direction is led by Hagan and Ron W. Hagan, Roland|Criss’ Executive Vice President.

Products December 3, 2010

ETF Securities Launches White Metals ETF

ETF Securities announced that ETFS Physical White Metals Basket Shares (Ticker: WITE) was introduced on the NYSE Arca today.
Reported by

The objective of the ETFS White Metals Basket Trust shares is to reflect the performance of the price of silver, platinum and palladium. The Trust is open-ended and is designed for investors who want a cost-effective and convenient way to invest in all three precious metals, as well as diversify their existing gold or precious metal holdings.   

The product has a gross annual expense ratio of 0.60%.  

For more stories like this, sign up for the PLANADVISERdash daily newsletter.

According to the announcement, the Shares represent beneficial interest in the Trust, which holds physical allocated silver, platinum and palladium bullion held in vaults by the Custodian (JP Morgan Chase Bank).   

The new listing comes from the same management team that created ETFS Physical Swiss Gold Shares (SGOL) and ETFS Physical Silver Shares (SIVR) in 2009, as well as ETFS Physical Platinum Shares (PPLT) and ETFS Physical Palladium Shares (PALL) in January 2010, which have combined assets under management of $2.89 billion as of December 1, 2010. 

«