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An advisor’s omission leads to a big reward for a client.

Mike Lamb is CEO and president of Viverae. Mike leads the charge of increased efficiencies and effectiveness of Viverae’s three greatest assets — its people, processes, and products. His experience is rooted in the competitive human resources outsourcing industry where he draws from a wide background with one of the most well-known global brands in that industry, Automatic Data Processing (ADP). His accomplishments include the successful leadership of organizational transformation, process improvement, and numerous client experience enhancement initiatives.

DoL regulators say they allowed for annuities and nontraded REITs in retirement accounts because they wanted to avoid the risk of clients taking heavy losses by exiting certain investments precipitously.

Sam Stearns is director of analytics with Verisk Health, a data analytics and technology firm.