BOSTON, MA – OCTOBER 2, 2018 – “The Diversity Project,” an initiative focused on increasing diversity within the asset management industry, was launched today in North America by 14 leading financial organizations. NICSA, a non-profit trade association for the global asset management industry, is the sponsor of the Project. The goal of the Diversity Project is to accelerate progress toward a more inclusive culture across all demographics including gender, ethnicity, sexual orientation, age and disability. The Diversity Project will also focus on enhancing the financial services industry brand within higher education and developing and sharing leading practices across member firms.
“NICSA has always been dedicated to providing our industry the platform, research and resources required to build stronger businesses,” said Jim Fitzpatrick, President and CEO at NICSA. “Fostering a culture of inclusiveness is foundational to that mission, as increased diversity will ensure a more sustainable industry long-term. We are proud to sponsor the Diversity Project and champion the benefits of diversity within our member firms and across the financial services industry.”
NICSA will introduce the initiative at its General Membership Meeting on October 12 by hosting a diversity panel chaired by Dan Houlihan, Chairman of the NICSA Board of Directors and Head of Northern Trust Asset Servicing, Americas. Inspired by the success of the Diversity Project in the United Kingdom, the North American chapter will bring together professionals across the industry, including asset managers, fund complexes, asset servicers, broker dealers, asset owners and professional service firms that support the industry.
#PressRelease
#DiversityProject
#DiversityandInclusion
#PR-DiversityandInclusion
Washington, D.C. – April 4, 2019—NICSA announced the recipients of its 2019 Volunteer of the Year Awards. Honorees will be celebrated at the NICSA Strategic Leadership Forum held April 3-5, 2019 at the Sawgrass Marriott Golf Resort and Spa in Ponte Vedra Beach, FL.
“NICSA’s Volunteer of the Year Awards recognize the outstanding efforts of members who are especially dedicated to serving the NICSA community. These individuals have shown exemplary commitment as volunteers, and have demonstrated a passion around furthering best practices within the global asset management industry.” said Jim Fitzpatrick, President of NICSA.
NICSA’s many topic and events committees work to provide association members with educational content, resources, and events on top-of-mind issues within the global asset management industry. On behalf of NICSA, committee members support the association’s mission of developing, sharing, and advancing leading practices among industry participants. Each year, NICSA recognizes outstanding volunteers whose sustained contributions over the previous twelve months were deemed exceptional.
Boston - August 18, 2004. The National Investment Company Service Association (NICSA) announced today that it is partnering with Diversified Management Resources (D.M.R.) to conduct a survey to confirm the state of the securities industrys preparation for federal securities regulations that require mutual funds and investment advisers to adopt and implement a Compliance Program and to designate a Chief Compliance Officer. Mutual funds must also obtain the approval of the fund board. The compliance date is no later than October 5.
Corporate sponsors are PA Compliance, SalesLink Corporation and PFPC.
The new regulations are among the most far-reaching to be introduced in recent years. The Chief Compliance Officer for a mutual fund must certify the adequacy of compliance policies and procedures of a funds service providers, including its investment advisers. For this reason, a significant fall-out effect of the regulations is that many transfer agents, custodians, administrators and broker-dealers - which are not directly subject to the new regulations - must also prepare for the October 5 deadline if they provide services to mutual funds.
The Survey will assess steps firms have taken to date to put in place the policies, procedures and controls necessary to ensure compliance with the regulations. Also included are questions concerning securities firms experience with the Customer Identification Program and Anti-Money Laundering provisions of the USA PATRIOT ACT.
"This is a very timely project," says Barbara V. Weidlich, president of NICSA. "More than ever, compliance is a concern not only to compliance officers but to all executives in the money management business. Operations professionals, represented in the NICSA membership, have significant responsibilities for many business functions directly affected by new requirements."
Charles ONeill, principal of Diversified, noted that as was the case when the Anti-Money Laundering regulations were strengthened last year, the new rules are largely risk-based. Firms will need to determine, in the context of their own business activities, how to best meet the new requirements.
Key aspects of the new regulations include:
The survey which will be launched within the next week, with top line results tabulated and reported immediately thereafter. Participants will receive an executive summary of results at no cost. A more in-depth report will be available for $495. NICSA members will be eligible for a 10% discount.
NICSA will send an invitation to our member contacts via email; this will include a link to the online survey.
About NICSA
The National Investment Company Service Association (NICSA) is a not-for-profit trade association providing leadership and innovation in educational programming and information exchange within the operations sector of the worldwide investment industry.
NICSA membership totals more than 400 companies operating in major financial centers in the United States, Europe and Asia. The membership represents all segments of the mutual fund industry including mutual fund complexes, investment management companies, custodian banks, transfer agents and independent providers of specialized products and services.
NICSAs services to members include education, training and networking opportunities through conferences on a wide range of industry issues and developments; specialized publications, and access to NICSAs membership directory. NICSA also offers an On-Line Learning Center featuring the Certified Mutual Fund Specialist Program, the first-ever certification program of its kind.
About D.M.R.
Diversified Management Resources, Inc is a business development consulting firm supporting the financial services community. The companys business includes a retained executive search division, a strategic resources division and a creative marketing services division.
The company is well known in the investment community. Principals of the firm have created and managed many successful research projects.
Charles ONeill, president, had a along career with leading financial companies, including Sun Life of Canada, Putnam Investments and the Colonial Mutual Funds.
Gordon Evans, principal, was for many years a chief executive of Wall Street firms. He retired several years ago from State Street Research, where he headed retirement plans sales and marketing.
Robert Goldberg, who joined D.M.R. as of August 1, is a past president of NICSA and had been managing director of Acadient, an online investment education company. He has been recognized as one of the mutual fund industrys top ten business leaders.
With 79 Million Boomers on the Brink of Retirement, Comprehensive Financial Planning is Critical
NICSA Joins Education, Advocacy and Industry Leaders in Sponsoring National Retirement Planning Week®
April 2, 2011, Boston, MA — Reports show that this year the first of 79 million Baby Boomers will turn 65, and that 4 million boomers will turn 60 each year for the next 18 years. For many, this milestone will present a much-needed opportunity to reassess their level of retirement preparedness. Insured Retirement Institute (IRI) research shows that nearly seven out of 10 Boomers within five years of retirement, and nearly eight out of 10 of Boomers outside of that window, stated that they are concerned about having adequate income during retirement.
Increase your retirement savings knowledge with the following resources:
Theresa Hamacher, CFA
Presentation from NICSA Annual Conference 2011
Courtesy of the NICSA Retirement Community
Improving After Tax Returns, Retirement Income, and Bequests Through Tax-Smart Household Management
Courtesy of LifeYield, Ernst & Young and the NICSA Retirement Committee
Deloitte Annual 401(k) Benchmarking Survery
Courtesy of Deloitte & Touche and the NICSA Retirement Committee
The Deficiencies of Target Date Funds
Bob Pozen
March 6, 2011
The Fund Industry: How Your Money is Managed
Authored by Robert Pozen, Chairman Emeritus of MFS Investment Management and a senior lecturer at Harvard Business School and Theresa Hamacher, President of NICSA and a former mutual fund chief investment officer, is the definitive guide to the worldwide fund industry.
The Fund Industry gives you an inside look at how mutual funds work - how they invest money, distribute their shares to the public, and provide service to fund shareholders - and why they have become the investment vehicle of choice for investors around the world. As Don Phillips, Managing Director of Morningstar, Inc., says in his Foreword, “There’s no other book that gives readers such a thorough overview of how the fund industry operates, its evolution, its regulation, and what makes it tick.”
The Fund Industry is available for purchase from NICSA at a significant discount. Click here to for more information.
Official Website of National Retirement Savings Week
Visit the official NRSW website for additional resources
Contact:
Michele Liston
Deputy Executive Director, NICSA
508-485-1500
McLean, VA (November 15, 2012)—NICSA, leading provider of independent education and networking forums to professionals in the global investment management community, announces the keynote speaker lineup for the 31st NICSA Annual Conference to take place in Miami on February 10-13, 2013.
“The keynote speakers are a critical component of the NICSA Annual Conference, and we feel that this lineup gives attendees a tremendous opportunity for new information on critical topics that are important to all of us - both personally and professionally...” says the 2013 NICSA Annual Conference Committee Co-Chairs Karan McClimans, Vice President, TRowe Price, and Jim Nolan, Managing Director, Fund Services, Citi.
This year’s featured keynote speaker schedule includes:
In addition to these prominent speakers, the 2013 NICSA Annual Conference will feature more than a dozen breakout and roundtable sessions headed by the NICSA members, sponsors, and partners helping connect investment industry professionals to best practices.
About NICSA
NICSA is the leading provider of independent education and networking forums to professionals in the global investment management community. It is a network of nearly 10,000 business professionals from within the investment management industry and the firms that support the industry, including mutual fund complexes, investment management companies, custodian banks, transfer agents and independent providers of specialized products and services. The Association consists of corporate member firms with offices operating in major financial centers around the world. Membership fees are surprisingly small, yet the benefits of membership are anything but. NICSA offers the most comprehensive range of services in the industry, allowing members to learn, network and share best practices locally, nationally and globally. Visit nicsa.org
McLean, VA, March 2, 2018—NICSA announces the launch of its 2018 Strategic Leadership Forum, where over 350+ executives from across the global asset management spectrum—including asset management firms, broker dealers, and professional service providers—converged in Miami, Florida to share their insights on evolving business models within the financial industry.
Distribution and product trends take center stage at the event’s general sessions, while innovation and analytics will be a significant focus during the interactive breakout sessions. The full agenda, including an overview of the 40+ speakers, can be found on the Association’s website. The conference will feature keynote presentations by the first female U.S. Navy F-14 Tomcat fighter pilot, Carey Lohrenz, as well as Morningstar CEO Kunal Kapoor and Putnam Investments President and CEO, Bob Reynolds. NICSA’s annual Face the Membership Roundtable will feature CEOs from Thornburg Investment Management, MFS Investment Management, and Northern Trust.
#PressRelease
#DistributionandSales
#ProductandMarketing
#PR-ProductDistribution
Contact:
Alyssa Gagen
Director of Social Media and Marketing, NICSA
508-485-1500
Boston, MA (September 23, 2013) -–NICSA announced the appointment of a new vice chair, George Batejan, Global Head of Technology & Operations, Janus Capital Group, and four new members to its 2013-2014 Board of Directors roster, including: Peter Poulin, Principal, Deloitte; Bob Wallace, Managing Director, Citi; Dan Houlihan, Head of Global Fund Services, North America, Northern Trust Company, and Darren Walsh, Chief Technology and Operations Officer, OppenheimerFunds.
Elected at the annual NICSA General Membership Meeting on September 20, 2013 in Boston, board members selections were made among senior-level representatives from member asset management and broker-dealer firms.
“I am excited to welcome new board members who bring a fresh, new perspective to the NICSA community,” said Theresa Hamacher, President, NICSA. “This group has the knowledge and experience that NICSA needs to maintain its position as a thought-leader within the global investment management industry while providing strategic vision and guidance for association members.”
Fred Naddaff, Managing Director, SunGard will continue to serve as the Chairman of the NICSA Board of Directors while Barry Benjamin, Partner, PwC, will continue his role as Treasurer.
If you are interested in learning more about NICSA, visit: nicsa.org for more information.
About NICSA
NICSA is the leading provider of independent education and networking forums to professionals in the global investment management community. It is a network of nearly 10,000 business professionals from within the investment management industry and the firms that support the industry, including mutual fund complexes, investment management companies, custodian banks, transfer agents and independent providers of specialized products and services. The Association consists of corporate member firms with offices operating in major financial centers around the world. Membership fees are surprisingly small, yet the benefits of membership are anything but. NICSA offers the most comprehensive range of services in the industry, allowing members to learn, network and share best practices locally, nationally and globally. Visit nicsa.org
MCLEAN, VA – January 8, 2018 – NICSA is pleased to announce the newly appointed 2018 Executive Committee, effective December 14, 2017. The executive committee members are a subset of the full Board of Directors and provide ongoing direction regarding the association’s strategy and supports the President & CEO in executing NICSA’s mission.
“I am very pleased with the accomplished and diverse group of executives selected for the Executive Committee as NICSA continues to grow into ‘An Asset Management Association for All’. The depth and breadth of industry expertise each of them brings will enable NICSA to fulfill our mission of providing member firms and industry professionals the tools to gain industry knowledge and make informed decisions about strategic business development. I look forward to working with this talented group of professionals as NICSA extends its reach in the global asset management industry”. - Jim Fitzpatrick, President, NICSA
Miami, Florida - February 18, 2008 - The National Investment Company Service Association (NICSA) announced today that Theresa Hamacher, CFA has been named President of the association, effective March 3, 2008.
"NICSA is very fortunate to have Theresa joining the organization," said Peggy Schooley, President of Evergreen Service Company and Chairman of NICSA. "We are very certain that her managerial experience, her non-profit experience and her contacts and relationships from the investment side of the business, as well as her enthusiasm for the NICSA message will strengthen our future." Schooley made the announcement before an audience of about 750 investment industry executives at the trade groups annual gathering at the Doral Golf Resort in Miami.
Theresa is the former Chief Investment Officer (CIO) for Pioneer Investment Management USA in Boston, MA, where she supervised a team of over 50 investment professionals managing more than $15 billion in global equity and fixed income assets for mutual fund and institutional clients. Previously, she was the CIO for Prudential Mutual Funds in Newark, NJ where she supervised over $60 billion in assets.
She began her career as an investment professional in 1983 and has managed portfolios with varying mandates and investment approaches. In 1984, she ran the top-performing mutual fund in the U.S., the Prudential-Bache (Tax-Managed) Utility Fund. She has appeared on "Wall Street Week".
An independent consultant and writer, Theresa is the co-author of The Pocket Idiots Guide to Investing in Stocks. She has been actively involved in not-for-profits in her community and currently serves as the President of the board of directors of The Guidance Center, Inc., a provider of developmental, mental health and family support services to children and families in Cambridge and Somerville, Massachusetts.
Theresa is a graduate of Yale College, with a major in Economics. She is a Chartered Financial Analyst.
Theresa succeeds Barbara V. Weidlich, who left NICSA in November 2007.
Contact:
Ellen Weinraub
Marketing Director, NICSA
508-683-1613
About NICSA
The National Investment Company Service Association (NICSA) is a not-for-profit trade association providing leadership and innovation in educational programming and information exchange within the operations sector of the investment industry worldwide.
NICSA membership totals more than 400 companies operating in major financial centers worldwide. The membership represents all segments of the mutual fund industry including mutual fund complexes, investment management companies, custodian banks, transfer agents and independent providers of specialized products and services.
NICSA’s services to members include education, training and networking opportunities through conferences on a wide range of industry issues and developments, specialized publications, and access to a huge network of industry professionals in NICSAs membership directory. NICSA also offers the Certified Mutual Fund Specialist Program, the first-ever on-line learning certification program of its kind.
NICSAs website (nicsa.org) offers up-to-date information about all of the Associations programs and activities.
Contact:
Ellen Weinraub
Marketing Director, NICSA
508-683-1613
Marlborough, MA — April 9, 2009 — As the industry copes with the challenges of doing business in touch economic times, so must NICSA, a not-for-profit trade association which has served the mutual fund industry for over 47 years. “We are responding to the times”, says NICSA president, Theresa Hamacher, CFA. “We are offering new solutions to mutual fund industry professionals, but we are also holding true to our values”. That’s especially evident as NICSA rolls out it’s spring calendar of events aimed at providing free education for all aspects of investment industry operations.
We are doing a number of new things to help keep the industry informed and connected, including a series of short conference calls updating the members on hot topics, called “NICSA Now Briefings, ” webinars and networking through Linkedin. NICSA’s committees will be offering relevant educational sessions via webinars, which will be archived for members to view at their convenience. NICSA has always been known for providing high quality, independent educational content. In this environment of strained budgets and needing to do more with less, NICSA is offering more desktop delivery of programs for the industry ultimately preparing them to better serve their shareholders.
Spring webinars, which will be free to NICSA members and offered at a nominal fee to others, include:
Beginning in April, a series of NICSA Now Briefing Calls is planned to discuss the effects of changes in 403(b) Regulations.
Even in this environment, NICSA is not counting out live conferences, but they are not business as usual either. In May and June, NICSA will host shorter, local events that will keep members up to date at a very nominal out-of–pocket cost. Look for these in Denver, Kansas City, Milwaukee, Los Angeles and Boston. Information is available at nicsa.org.
About NICSA
The National Investment Company Service Association (NICSA) provides leadership and innovation in educational programming and information exchange within the operations sector of the investments industry worldwide.
NICSA was established in 1962 as a forum for operations and shareholder servicing professionals in the mutual fund industry. Today, NICSA membership totals more than 250 companies operating in major financial centers around the globe, and includes mutual fund complexes, investment management companies, custodian banks, transfer agents and independent providers of specialized products and services.
For more information, visit nicsa.org
Website Design By Branophia LLC