Orlando, Fla., April 07, 2016 (GLOBE NEWSWIRE) --
CNL Financial Group, a leading sponsor of alternative investment products, will sponsor a webinar on the rule issued by the Department of Labor on April 6 that outlines a new fiduciary standard for financial advisors. The webinar, hosted in conjunction with the Investment Program Association, will be held Monday, April 11, at 2 p.m. Eastern Daylight Time.
Sara Pikofksy, a partner with law firm Jones Day, will provide insight and analysis on a variety of topics related to the new rules including what the rule means for direct investment products, how IPA members plan to implement the new rules and how legislation may impact the rules.
Holly Greer, CNL’s chief operating officer and chief legal officer, will host the discussion.
"For more than six months, the proposed Department of Labor fiduciary rules have created questions and uncertainty throughout the alternative investment industry,” Greer said. “With the final rule now released, we believe it creates a path forward that we can follow to ensure our products remain an essential part of a balanced investor portfolio. We are delighted to partner with the IPA to have Jones Day present its insights on some of the intricate details of the rule that specifically apply to sponsors, broker-dealers and financial advisors.”
Register for the webinar here and dial 415-655-0002 using code 667 268 652 to access it.
About CNL Financial Group
CNL Financial Group (CNL) is a leading private investment management firm providing global real estate and alternative investments. Since inception in 1973, CNL and/or its affiliates have formed or acquired companies with more than $33 billion in assets. CNL is headquartered in Orlando, Florida. For more information, visit CNL.com.
About The Investment Program Association
The Investment Program Association (IPA) was formed in 1985 to provide effective national leadership for the direct investment industry. The IPA supports individual investor access to a variety of asset classes not correlated to the traded markets and historically available only to institutional investors. These include public non-listed REITs (NL REITs), business development companies (BDCs), energy and equipment leasing programs, and private equity offerings. For over 30 years the IPA has successfully championed the growth and improvement of such products, which have increased in popularity with financial professionals and investors alike. Direct investments are held in the accounts of more than 2 million individual investors, and the IPA’s member companies operate or have properties in all 50 states. Today these investment products function as a critical component of effectively diversified investment portfolios and serve an essential capital formation function for the US economy. The mission of the IPA is advocating direct investments through education. Access the wealth of IPA educational materials here, or visit the IPA online for more information about becoming a member.
About Jones Day
Jones Day is a global law firm with 43 offices in major centers of business and finance throughout the world. Its unique governance system fosters an unparalleled level of integration and contributes to its perennial ranking as among the best in the world in client service. Jones Day provides significant legal representation for almost half of the Fortune 500, Fortune Global 500, and FT Global 500.
Sherry Magee Senior Vice President Communications CNL Financial Group 407-650-1223
Source:CNL Financial Group