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ERISA 2015: The Evolving World

 
Author(s): William E. Ryan III, Erin K. Cho
Practice Area: Employee Benefits, Employment, Tax
Published: Aug 2015
PLI Item #: 59153
CHB Spine #: D441

Erin K. Cho is a principal in the Fiduciary Responsibility practice group at Groom Law Group where she advises clients on a wide range of matters involving ERISA's fiduciary and conflict of interest rules. 

Ms. Cho has extensive experience advising broker-dealers, asset managers and investment bankers with respect to the many and varied services and financial products (including complex structured products and derivatives) they offer to U.S. pension plans. She counsels hedge funds and private equity clients on the consequences of accepting investments by benefit plan investors, as well as plan assets and prohibited transaction concerns arising in connection with venture capital investments and corporate transactions. She counsels plan sponsors on all aspects of ERISA fiduciary compliance, including plan governance, plan expense issues and the selection and monitoring of plan investment options. Ms. Cho also represents clients on exemption requests and regulatory initiatives and has testified on behalf of clients and industry groups before the U.S. Department of Labor's Employee Benefits Security Administration.

Ms. Cho regularly writes on pension investment matters for a variety of publications. She is a frequent speaker on ERISA matters, including at events sponsored by the Practicing Law Institute, Financial Services Roundtable and American Bankers Association. She is the co-chair of the Practicing Law Institute's annual conference, "ERISA: The Evolving World".


Bill Ryan is the Managing Director and Chief Fiduciary Officer of Evercore Trust Company, N.A, a national trust bank and subsidiary of Evercore Partners, Inc., which provides specialized investment management, independent fiduciary, and trustee services to employee benefit plans.  Mr. Ryan joined Evercore Trust from Morgan Stanley, where he was an Executive Director in the Legal and Compliance Division and Head of ERISA Law from 2005-2013, responsible for coordinating ERISA and qualified tax issues for Morgan Stanley's Institutional Securities Group (Institutional Brokerage), Morgan Stanley Investment Management (Asset Management), and Morgan Stanley Wealth Management (Retail Brokerage).  Prior to joining Morgan Stanley, Mr. Ryan was the Chief ERISA/Benefits Counsel for Prudential Financial, Inc. from 1995 through 2004, handling ERISA-related HR, compensation and product issues for Prudential Insurance, and was in private practice in New York from 1987 through 1995, specializing in ERISA issues.  On behalf of various industry groups, Mr. Ryan has met with and testified before the U.S. Department of Labor, the Treasury Department, the White House, and various state regulators on fiduciary and other retirement issues.  He has also served on various industry groups, including the SIFMA Retirement Committee (where he serve as co-chair from 2010-2013).  Mr. Ryan holds a A.B. Degree in History from Princeton University in 1984, a J.D. from Stanford Law School in 1987 (where he was an editor of the Stanford Law Review), and a Masters in Taxation (LL.M.) from New York University School of Law in 1995.