TRUST MANAGEMENT
In Their Own Words
"Bob has consistently ‘done his homework’ on the issues, acted fairly in representation of the participants of the Trust Fund Plans and has always sought to find ‘common ground’ when there are differences among the Trustees… I respect Bob and admire his willingness to work hard, his honesty and his sincerity"
Mike Quevedo, Jr., Business Manager, Southern California District Council of Laborers
"Bob has played a critical role in keeping the Pension Fund outperforming its peers during one of the most difficult investment climates ever. The Pension Fund is one of the small group of defined benefit plans to remain in the ‘Green’ status zone."
"As Chair, Bob frequently has to focus and conciliate a diverse group of Trustees on a complicated decision to arrive at consensus. As Administrator for the Funds, I believe that Bob’s contribution has measurably improved the results of both Funds."
Robert Glaza, Executive Vice President, Associated Third Party Administrators
—- Webster’s New World Dictionary
Bob has over 20 years experience safeguarding and managing the property and assets of others. During the past 10 years, he has also been the management co-chair of the Southern California Laborers Health & Welfare and Pension Trusts. These are positions of trust and responsibility for the medical benefits and pension assets of up to 17,000 hard working men and women. Bob understands the importance and legal duties of being a fiduciary. He also understands that this must be done in the context of a board of trustees which requires superior negotiation skills. Here are some of the skills and experience Bob can put to use on your Trust Fund or Board of Directors:
- Hired, evaluated and managed the work of fund professional advisors. Bob has been an integral part of setting standards for fund professionals, terminated their service when they didn’t meet fund standards and hired replacement professionals. This has included investment advisors, actuaries and administrators.
- Chaired trustee board meetings with up to 16 trustees with a variety of personal agendas. Also chaired subcommittee meetings and special call committees.
- Responsible for $1.5 Billion in assets
- Responsible for approximately $250 Million in operational budgets
- Attended 40 conferences by the International Foundation of Employee Benefits (IFEBP) on topics such as; fiduciary liability, money management, selecting and supervising professional advisors, conducting effective meetings, ERISA and a variety of benefit and legal trend seminars
- Graduate of the first IFEBP Trustee Masters Program
- Signature responsibility for fund checks, legal documents and 5500 forms
- Served as Co-chair on public duty committees for the City of Costa Mesa responsible for over $1 Million in Federal Block Grant Programs.