Peter Gulia

Attorney Profile

Top Rated Employee Benefits Attorney in Philadelphia, PA

Fiduciary Guidance Counsel
504 S 22nd Street
Philadelphia, PA 19146-1102
Phone: 215-732-1552
Fax: 215-689-2930
Email: Peter Gulia
Selected to Super Lawyers: 2015 - 2021
Licensed Since: 1990
Practice Areas: Employee Benefits (90%), Business/Corporate (10%)
Attorney Profile

Peter Gulia counsels the people who manage retirement plans.  While handling a full range of employee benefits, Peter focuses on ERISA’s and States' fiduciary-responsibility provisions.  Peter has 36 years’ experience, including with America’s largest retirement-services and financial-services businesses.

Peter Gulia’s focus is counseling fiduciaries of all kinds.  Beyond advising a retirement plan’s lead fiduciary, Peter also counsels fee-only investment managers and advisers about their fiduciary duties and compliance procedures.  Peter advises lawyers, actuaries, and certified public accountants about their professional conduct.

Since 1984, Peter Gulia has focused on the design, governance, fiduciary investment procedures, and administration of employee-benefit plans.  His solutions to resolve then-novel ERISA, tax, and securities issues for asset-allocation investment advice remain models that practitioners use today.  Beyond ERISA-governed plans, Peter has wide experience with church plans and governmental plans, and with how securities law and other laws beyond ERISA and the Internal Revenue Code affect retirement plans and health plans.

Peter Gulia is widely published on fiduciary duties and procedures, retirement plan investments, beneficiary designations, and domestic-relations orders.  Peter has for 26 years published with Wolters Kluwer.  He also is a Bloomberg BNA Insights author.

White Papers

  • The Final Frontier: Investment Advice and Professionally Managed Accounts (2007) - The authors explain why professionally-managed accounts often can be superior to target-year funds as a qualified default investment alternative.
  • Using ERISA’s new default-investment rule to avoid liability for participants’ failures to choose investments (2007) - Using ERISA's new default-investment rule to avoid liability for participants' failures to choose investments:  A new rule provides an ERISA-governed retirement plan's fiduciary some relief from responsibility for deciding exactly how to invest a plan account of a participant, beneficiary, or alternate payee who hasn't directed investment.  If a plan provides for investment under a qualified default investment alternative and meets several conditions, a plan fiduciary isn't liable for what results because of investing an individual's account in a QDIA.  The rule's relief is available not only for a default investment made under an implied-election or "automatic-contribution" arrangement but also for other default investments. 

About Peter Gulia

Admitted: 1990, Pennsylvania

Professional Webpage: http://www.fiduciaryguidancecounsel.com/aboutgulia.htm

Pro bono/Community Service

  • Choral Arts Philadelphia, CultureTrust Greater Philadelphia, CultureWorks Greater Philadelphia, Healthy Teen Living, Philomathean Endowment Trust, Philomathean Society of the University of Pennsylvania, Social Impact Commons, The Women's Sacred Music Project

Bar/Professional Activity

  • American Law Institute - CLE writer and speaker; American Bar Assocation (including several committees, subcomittees, and task forces); Pennsylvania Bar Institute - CLE writer and speaker; Philadelphia Bar Association - Employee Benefits Committee, Professional Guidance Committee (previous), CLE writer and speaker; ASPPA Benefits Council of Greater Philadelphia - Board of Directors, CLE/CPE writer and speaker; National Association of Government Defined Contribution Administrators - previously Legislation and Regulation Committee, Investments Committee, 403(b) task force  

Scholarly Lectures/Writings

  • Coursebook for ERISA Fiduciary Responsibility law school course Coursebook for Professional Conduct in Tax Practice law school course
  • This coursebook is for post-doctoral law students, and business students.  It focuses on professional-conduct rules and how they specially apply to a lawyer, accountant, actuary, or other practitioner because her practice involves tax law., Professional Conduct In Tax Practice

Newsletters

  • I am a contributing editor of, and write monthly articles for, 401(k) Advisor newsletter. Most of my articles are about ways for an employer to meet its fiduciary responsibility in managing a retirement plan.  , 401(k) Advisor monthly newsletter, Wolters Kluwer Law & Business

Verdicts/Settlements

  • Because my role as counsel was not disclosed, I must not reveal the settlements that were supported by my knowledge and work.

Educational Background

  • Franklin and Marshall College, 1981

Transactions

  • Sale of Travelers Life and Annuity and some businesses of CitiStreet to MetLife, 2005
  • CitiStreet, a joint venture of Citigroup and State Street Bank and Trust Company, 1999

Representative Clients

  • State of Alabama, 2009
  • My clients include retirement plans and registered investment advisers.
  • State of New Hampshire, 2016

Videos

  • Peter Gulia led this continuing-legal-education course for the Philadelphia Bar Association., Understanding the new investment-advice fiduciary rule, Philadelphia Bar Association, 2016
  • Peter Gulia helped design this education series, about the U.S. Labor department's investment-advice fiduciary rule, for The American College of Financial Services.  The videos, including those in which Peter Gulia appeared, are available from The American College., How Will the DOL Fiduciary Rule Impact You?, The American College Of Financial Services, 2016

Industry Groups

  • retirement plans; retirement-services providers; investment advisers
Show More
Office Location for Peter Gulia

504 S 22nd Street
Philadelphia, PA 19146-1102

Last Updated: 1/29/2021

Page Generated: 0.561115026474 sec