Luke J. Novak, AIF®
Luke is a Vice President and member of Rothschild’s Executive Committee, which handles all aspects of the firm’s strategic direction. Luke oversees the firm’s Retirement Plan Consulting Practice.
Since joining Rothschild in 2004, Luke’s focus is helping employers and committees better understand and comply with their fiduciary responsibilities through a well-defined process. He is committed to keeping his clients updated regarding the practical impacts of new legislation, IRS and DOL regulations, and meaningful court decisions.
Luke has written several white papers on various industry topics, including: the DOL’s 408(b)(2) and 404(a)(5) fee disclosure regulations, distinguishing the different retirement plan fiduciaries, utilizing ETFs in retirement plans, and fiduciary liability insurance. Working with the Chicago Bar Association, Luke helped develop continuing legal education (CLE) materials on corporate retirement plans. He advises more than 100 companies representing over $1 Billion in plan assets.
Luke earned a bachelor’s degree from the University of Illinois at Champaign-Urbana and a juris doctor from the Illinois Institute of Technology Chicago-Kent College of Law. He is an Accredited Investment Fiduciary®.
Luke, his wife Kelli and their children live in Chicago, Illinois.