ERISA Benefit Plan Investment Management Agreements: Selecting 3(38) Investment Managers, Structuring the IMA
Documenting the Relationship to Minimize Risks for Plan Sponsors and Investment Advisers
A live 90-minute premium CLE video webinar with interactive Q&A
This CLE course will discuss legal best practices for selecting a 3(38)-investment manager and outline key steps in structuring and documenting the investment manager relationship. Our panel will review the proposed regulations that significantly impact the QPAM exemption, how best to negotiate and draft investment management agreements (IMAs), and what terms to look for when a plan invests in a pooled investment vehicle subject to ERISA.
Outline
- Negotiating investment management agreements
- Drafting investment management agreements
- Documenting the investment management partnership
Benefits
The panel will review these and other key issues:
- What standard of care should plans expect from an investment manager?
- What representations and warranties should an IMA include?
- What protections can side letters offer?
- What types of investment strategies may warrant the use of an exemption other than PTE 84-14 (QPAM)?
- What issues arise in light of the recently proposed regulations on QPAM?
Faculty

Timothy K. Eicher
Principal
Slevin & Hart
Mr. Eicher's practice focuses on all aspects of the firm’s representation of employee benefit plans under... | Read More
Mr. Eicher's practice focuses on all aspects of the firm’s representation of employee benefit plans under ERISA. Mr. Eicher received his law degree from Georgetown University Law Center. He served as a Senior Articles Editor for the Georgetown Journal of Law and Public Policy, which published his note on faith-based prison rehabilitation programs. He graduated, with high honors, from Princeton University, where he received an A.B. in Classics.
Closeto be announced.
Early Discount (through 03/31/23)
Cannot Attend April 26?
Early Discount (through 03/31/23)
You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. Strafford will process CLE credit for one person on each recording. All formats include course handouts.