Investment Assets Aligned with Business and Legal Strategies in a Time of Fiscal Crisis

2020 has brought a degree of uncertainty unseen by many in our lifetimes. In many respects, this has served to illuminate investment, fiscal, and resource challenges that have long existed for educational institutions. Join Mike Cooney, Mark Wetzel, and Mike Chase as they address the challenges facing board members and senior leaders at colleges, universities, and independent schools across the country. Discussion will include actionable steps for meeting these challenges as your presenters touch on the following topics:

• The expectations for a “new normal” operating environment
• How to conduct scenario analysis to determine the impact of today’s decisions on your institution’s future
• A review of the legal considerations when utilizing investment assets to support operations, e.g., restricted vs. unrestricted, loans/LOCs, UPMIFA and underwater funds, and fiduciary obligations
• The steps for evaluating your investment strategy to ensure it aligns with the shifting needs and objectives of your institution

Speakers

• Michael Chase, Partner & Senior Consultant, Fiduciary Investment Advisors, LLC (FIA)
• Michael Cooney, Partner, Nixon Peabody LLP
• Mark Wetzel, President, Fiduciary Investment Advisors, LLC (FIA)