Bruce provides years of experience representing employers, administrators, plan fiduciaries, investment advisors and other service providers regarding various employee benefit issues and in matters arising under the Employment Retirement Income Security Act “ERISA”. He is a Director of the firm and practice head of the Employee Benefits and Executive Compensation practice group. He is also a member of the Business Services, Estates and Trusts and Labor and Employment Practice Groups.
Bruce’s practice also involves representing clients on deferred compensation plans and Internal Revenue Code Sec. 409A compliance. He routinely provides advice on 403(b) plans and retirement and tax planning.
“My practice also focuses on advising clients regarding fiduciary guidance. ERISA defines a fiduciary as that person who: (1) exercises discretionary authority or control respecting management of the plan or management or disposition of its assets; (2) renders or has authority or responsibility to render investment advice for a fee; or (3) has discretionary authority or responsibility in the administration of such plan. The fiduciary is subject to the duties of loyalty, prudence, diversification of investments and to follow the plan documents. If you are a fiduciary, when is the last time you read the plan documents?”
Bruce has worked with Boards, Pension Committees, Administrators and Trustees to educate and guide them through the ERISA fiduciary labyrinth.
- Executive Committee Member and Secretary of the Board of Trustees, Pittsburgh Symphony Orchestra
- Chair, Gift Planning Council, University of Virginia
- Chair, Pittsburgh Symphony Orchestra Corporate Council
- Member, Cornerstone Society Board, McIntire School of Commerce
- Member, Estate Planning Council of Pittsburgh
- Former President, Children’s International Summer Villages Inc., Pittsburgh Chapter
- Former member and President of the Board of Directors, Upper St. Clair School District