Chris Tobe CFA, CAIA

Expert Witness

Stable Value Search

Stable Value Consultants was started by  Chris Tobe, CFA a well known stable value expert.   Stable Value Consultants is a niche firm that will do project, hourly, and retainer consulting for plans, collective trusts and the stable value industry along with expert witness work.  The firm is set up to help plans minimize their liability in their stable value option, by evaluating and doing due diligence on the current structure, or by assisting in manager searches and transitions.   Tobe has worked recently with a number of large DC plans and has been quoted in the Wall Street Journal and Barron’s on Stable Value. He provided written testimony on stable value to DOL’s ERISA advisory committee and testified in person at the joint SEC-DOL hearing on Target Date Funds in Summer of 2009. He has over 24 years of experience working with DC Plans working as a consultant, money manager and regulator. He is a Trustee for the Kentucky Retirement Systems and served as a Sr. Consultant for BCAP & NEPC. For nearly 7 years he served as a director for the Pension & Savings Group of AEGON InstitutionalMarkets, where he was responsible for a number of major relationships with the over $40 billion wrapped stable value book. Tobe met with DOL officials and authored the AEGON comment letter on the QDIA in 2006. He has served on a number of committees of the Stable Value Investment Association (SVIA) including a stint as the editor of Stable Times magazine. He has spoken at a number of SVIA conferences and national conferences such as IFEBP, NAST, CIEBA and NAGDCA on stable value and other DC investments . He holds a BA in Economics from Tulane University, and an MBA in Finance from Indiana University – Bloomington. He is the past president of the CFA Society of Louisville and a 10 time grader for the CFA exam. He also works in specialty areas such as Investment Fees, COLI BOLI, Securities lending, hedge funds, private equity, ERISA fee compliance  and in specialized structures like collective investment trusts.

Articles by Chris Tobe:

• ERISA Fee Compliance Audit- mini white paper  February 2011 Stable Value Consultants Whitepaper
• Do you need a stable value search  January 2011 for ERISA plans Stable Value Consultants Whitepaper
• Why you need a stable value search  January 2011 for Public plans Stable Value Consultants Whitepaper
• Comments on DOL Fiduciary Rules  December 2010
• NAGDCA SV brochure takes a wrong turn  September 2010  Stable Value Consultants Whitepaper
• Financial Crisis and Subsequent Regulations effect on Stable Value Stable Value Consultants Whitepaper August 2010

• Stable Value Insider -Wrap Capacity Back to the Future  BCAP Whitepaper April 2010
• Support new rules on Investment Fiduciaries in 401(k) Plans    Short Written Testimony submitted to ERISA Advisory Committee March  2010
• Stable Value Update  Written Testimony submitted to ERISA Advisory Committee October  2009
•  Target Date Funds Written Testimony SEC-DOL Joint Hearing on Target Date Funds  July 2009
• Stable Value  Written Testimony submitted to ERISA Advisory Committee June  2009
•  Spotlight  Stable Value-   BCAP Consulting Whitepaper published April 2009 commenting on our quotes in the Wall Street Journal, Barrons and CBS Marketwatch.
•  Mostly Stable Value-   BCAP Consulting Whitepaper published February 2009
•  Stable Value- Weathering the Storm  NEPC Whitepaper to be published 2009 coauthored with Brian Donaghue
•  Collective Trust Funds  Fuel Growth in Stable Value  Stable Value Investment Association Newsletter 3rd Quarter 2007 • Volume 11 Issue 3
•  Editors Corner, Stable Value Investment Association Newsletter 1st Quarter 2007 • Volume 11 Issue 1
•  Stable Value Excluded from QDIA Based on Faulty Assumptions ,   Stable Value Investment Association Newsletter 4th Quarter 2006 • Volume 10 Issue 4
•  Stable Value & Social Security: What Could the Push for Social Security Privatization Mean for Stable Value? Stable Value Investment Association Newsletter 2nd Quarter 2005 • Volume 9 Issue 2
•  The Consultants Guide to Stable Value by Christopher B. Tobe, CFA The Journal of Investment Consulting Vol.7 No. 1 Summer 2004
• Will the Mutual Fund Scandal Make Equity Washes Easier to Swallow? Stable Value Investment Association Newsletter Third Quarter 2004 • Volume 8 Issue 3
• Is Wrapper Capacity a Concern?, Stable Value Investment Association Newsletter
  Third Quarter 2003 • Volume 7 Issue 3 Chris Tobe, CFA
•  Self-Directed Brokerage Accounts Current Trends and Issues –  AEGON Institutional Markets White Paper prepared for SVIA Conference – October  2002  
•  

Webmaster Contact: ken@stablevalueconsultants.com