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Monthly Archives: February 2015

ENGINEERING AND ENGINEERS – WHO ARE THEY?

They use their extraordinary capacity to extract complex theoretical science and knowledge and transform it into useful pragmatic applications for the benefit of society.

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 IN 2008 THE U.S. FINANCIAL SYSTEM ALMOST FAILED

THIS NEAR FAILURE REVEALED AN UNIMAGINABLE SYSTEMIC FINANCIAL DYSFUNCTION.

330,000,000 AMERICANS AND 35,000,000 CANADIANS IN NORTH AMERICA RELY ON THE INTEGRITY OF THEIR FINANCIAL SYSTEMS.

ANY SYSTEMIC DYSFUNCTIONAL FAILURE BE IT FINANCIAL, POLITICAL, ECONOMIC OR SOCIAL HAS A DIRECT IMPACT ON THE FINANCIAL WELL BEING OF THE CITIZENS OF BOTH COUNTRIES – AND THE REST OF THE WORLD.

MY CONCERN IS THE EFFECT ON CANADA.

THE WALL STREET DEBACLE DREW THE ISSUE TO MY ATTENTION WITH GREAT DISMAY.

HERE ARE OTHER U.S. AREAS OF DYSFUNCTION THAT ARE EQUALLY TROUBLING:

 

  • HEALTHCARE
  • PHARMACEUTICAL (PFIZER/PHARMACIA/BEXTRA)
  • EDUCATION
  • POLITICAL
  • JUDICIAL (AP – NEWS SEIZURE OF PHONE RECORDS BY DOJ)
  • MILITARY ESTABLISHMENT
  • FBI SHOOTINGS
  • IRS – POLITICAL TARGETING
  • CIA – BRUTAL INTERROGATION OF TERRORISTS
  • SUPREME COURT – VOTING RIGHTS WITHDRAWN
  • FUNDING FOR RESEARCH IN MEDICAL ADVANCES
  • VOTER SUPPRESSION
  • SCOTUS – HOBBY LOBBY DECISION
  • POLICE FORCE MILITARIZED ATTACKS ON COMMUNITIES – FERGUSON MISSOUI – 18 YEAR OLD BLACK STUDENT SHOT AND KILLED 08/14
  • HOSO SPEAKPITALS – EBOLA
  • UNIVERSITY OF NORTH CAROLINA FOOTBALL PLAYERS WHO GOT A PASS ON CLASSES THEY DID NOT ATTEND
  • U.S. CONGRESS – ADMIN – POTUS – NETANYAHU INVITATION TO SPEAK

 

HOW CAN THESE EVENTS OCCUR IN THE MOST PROSPEROUS AND ENLIGHTENED COUNTRY IN THE WORLD?

 

HOW?

 

I AM AT A LOSS TO RATIONALIZE THESE ISSUES.

RESPECTFULLY,

 

Daniel H. Zwicker,

Principal, B.Sc. (Hons.) P.Eng. CFP CLU CH.F.C. CFSB

Professional Engineers Ontario

Certified Financial Planner

Chartered Life Underwriter

Chartered Financial Consultant

Chartered Financial Services Broker

‘Raising The Bar’ – Slightly Out of Reach

 

‘What We Do’

Capital Risk Management

Lifetime Sustainable Income

Strategic Wealth Management

Specialists in Advanced Life Insurance Applications and

Lifetime Sustainable Retirement Planning Solutions

New clients are accepted by referral only

 

P.Eng.  – Professional Engineers Ontario (PEO) Designation

 

Professional Engineers Ontario, PEO, is the self-regulatory body that governs Ontario’s 73,000 professional engineers, and sets standards for and regulates engineering practice in the province. It has a statutory mandate under  the Professional Engineers Act of Ontario to protect the public interest where engineering is concerned.

 

Financial Practitioner Designations

 

CFP – Certified Financial Planner

The Certified Financial Planner designation is an internationally recognized standard for financial planning. It is granted by the Financial Planners Standards Council (FPSC). An advisor with a CFP may help you with personal financial planning and offer advice on investment products and strategies.

CLU – Chartered Life Underwriter

For more than 80 years, the CLU designation has been widely recognized as a mark of excellence in the industry. The Chartered Life Underwriter is a professional financial advisor specializing in developing effective solutions for individuals, business owners and professionals in the areas of income replacement, risk management, estate planning, and wealth transfer.

CH.F.C – Chartered Financial Consultant

A Chartered Financial Consultant is a financial advisor with advanced knowledge in wealth accumulation and retirement planning. An advisor with a CH.F.C. is an expert in retirement planning and capital accumulation strategies.

CFSB – Chartered Financial Services Broker

The CFSB Designation is granted by the Independent Financial Brokers of Canada

 

Code of Ethics & Statement of Principles of The Independent Financial Brokers of Canada

 

This Code of Ethics applies to all financial transactions, without regard to the product category, the type of intermediary, or the means by which the purchase of a product or service is transacted. If any principle or practice is inconsistent with a provision of an applicable law or regulation, the applicable law or regulation will take precedence.

 

CONTACT DETAILS: 

Bus: 416-726-2427

Email: danzwicker@rogers.com

 

first financial consulting group

 

Capital Risk Management

Sustainable Lifetime Income

Strategic Wealth Management

Specialists in Advanced Life Insurance Applications and Estate Planning Solutions

 4261 Highway Seven

Suite 238

Markham , Ontario

L3R 9W6

Canada

 

 

 

 

 

“SOMETIMES I THINK THE SUREST SIGN THAT INTELLIGENT LIFE EXISTS ELSEWHERE IN THE UNIVERSE IS THAT NONE OF IT HAS TRIED TO CONTACT US”.– BILL WATTERSON

 

                         

Daniel H. Zwicker

“Raising The Bar” – Slightly Out of Reach

 

Executive Summary

 

New Business Development – Financial Services

#1 National Life Insurance Agency builder

Corporate Consultant

Built and sustained #1 National Life Insurance Agency for 10 consecutive years.

Quintupled revenue and net profit in 4 years as #1 National Life Insurance Agency

Duplicating the above is my value proposition

Professional practice financial consultant in the Capital Risk Management sector of the financial services industry for 25 years.

Focus is on sustainable new business development and exponential growth

Business model is an unbiased collaborative Professional Practice client centric market driven platform to achieve sustainable advisor, agency and corporate exponential growth.

Training in structural engineering brings a ‘structural safety’ mindset in ensuring the lifetime                   preservation of capital and the 30 – 40 year lifetime sustainability of retirement income.

My network includes access to the Best and The Brightest Professional

Financial Practitioners in Canada.

 

Objective:  

Consulting/leadership/execution

For a leadership summary visit Linkedin at:

 http://www.linkedin.com/in/danzwicker and view full profile.

Performance Standard:   

 

Best in Class

 

My focus in the financial services sector has been to achieve Olympic caliber high performance advisor empowerment through coaching exponential growth in self confidence. I spent 4 years collaborating with one of Canada’s top amateur athletic track and field Olympic coaches.

 

Respectfully submitted,

Daniel H. Zwicker

B.Sc. (Hons.) P.Eng. CFP CLU CH.F.C. C.F.S.B.

Professional Engineers Ontario.

Certified Financial Planner

Chartered Financial Consultant

Chartered Life Underwriter

Chartered Financial Services Broker

 

08 31 14

Bio

Dan Zwicker has advised individual and corporate clients on wealth management issues for over 30 years. During that time, he has held agency building leadership positions with some of Canada’s most successful life insurance companies and served clients as an independent financial consultant as well.

With considerable experience and expertise to draw on, Dan has chosen to focus his consultancy on retirement, estate and business succession planning. A strong proponent of unbiased financial planning and investment portfolio oversight services, Dan engages clients one-on-one to assist them in achieving their sustainable lifetime retirement income objectives.

Born in Montreal, Dan studied civil engineering at Queen’s University in Kingston, where he earned an Honours Bachelor of Applied Science degree. In addition to his Professional Engineers (P.Eng.) designation, Dan’s credentials include Certified Financial Planner (CFP), Certified Life Insurance Underwriter (CLU) and Chartered Financial Consultant (CH.F.C.).

With five children and six grand children, Dan enjoys an active family life. He is an avid student of politics, economics and professional financial practice. Other interests include new business development, marketing, ‘web 2.0’ social media, and high performance team sports.

 CAREER  SUMMARY

  • Qualified for top 2% in North American personal sales (Million Dollar Round Table – MDRT) (4 consecutive years prior to agency management)
  • #1 Corporate Agency builder (built & maintained #1 life insurance agency for 10 consecutive years)
  • Professional practice/agency management executive with a consistent yearly record of exceeding agency revenue & profitability targets.
  • Quintupled revenue and net profit in 4 years.
  • Strong strategic thinker with extensive experience in leveraging alternative distribution channels to cross sell investment and insurance products by significantly deepening existing relationships.
  • Solid track record in high performance sales, collaborative relationship building, recruiting, advisor training, professional development, support and operations.

 

Agency Builder / Advisor (1977 – 1996)

Imperial Life Assurance Company of Canada (1977 – 1990) / Canada Life (1990 – 1996)

 

  • Leading Canadian financial services life agency builder. Built corporate agency into #1 from # 20 in 4 years receiving numerous corporate & industry recognition awards

for superior agency and industry growth.

  • Led all new Canadian life underwriting sales representatives in my company within

3 months of entering the industry. [MDRT 4 consecutive years prior to entering

management]

  • Led Canadian life agency managers’ national association to profitability as a professional association within 4 years.

 

Consulting – Financial services industry (1996 – present)

First Financial Consulting Group

    • Contracted to redesign contemporary distribution platform of a 135 year old fraternal benefit society — a member-based insurance organization — with a rich history of investing in the financial security of its members and sharing with the communities in which they live.
  • Contracted to implement a financial needs analysis software program for a leading global financial services institution. 5,500 advisors across Canada were trained using real time web based communications platforms.
  • Contracted to provide fee for service unbiased client investment portfolio performance oversight based upon investor’s benchmarks. Primary focus is a sustainable (no shortfalls) 30 – 40 year lifestyle retirement income. EDUCATION
  • B.Sc. (Hons.) Structural Engineering, Queen’s University, Kingston, Ontario,

       Canada

  • ·Graduated in the top 3 % of the class with first class honors in Applied Science

(Structural Engineering).

  • Purdue University, West Lafayette, Indiana, USA      

     Awarded a Teaching Fellowship to pursue an M.Sc. in Structural Engineering

INDUSTRY ASSOCIATION LEADERSHIP:

 

Focus: Client centric fiduciary based professional practice.

 

Life Insurance Managers’ Association of Canada (LIMAC).

Vice President (Elected) Toronto Chapter – 1985

President (Elected) Toronto Chapter – 1986

Secretary Treasurer (Elected) Canada 1987

Vice President (Elected) Canada – 1988

President (Elected) Canada – 1990

 

Preferred engagement:

Contract/Consulting

Compensation:

Base + Performance

References:

Excellent. Available upon request

                                                                                                

CONTACT DETAILS:

 

Daniel H. Zwicker

 B.Sc. (Hons.) P.Eng. CFP CLU CH.F.C. C.F.S.B.

Professional Engineers Ontario.

 Certified Financial Planner

 Chartered Financial Consultant

 Chartered Life Underwriter

 Chartered Financial Services Broker

4261 Highway Seven

Suite 238 

Markham, Ontario

L3R 9W6

 

Bus:                       416 – 726-2427                                      

Fax:                       905 – 415-1362                       

E-Mail:                  danzwicker@rogers.com

Email:                   danzwicker@rogers.com

Linkedin:              http://www.linkedin.com/in/danzwicker

‘What We Do’:      http://beyondrisk.weebly.com/

 

 

 

Professional Engineers Designation

 

P.ENG. –  Professional  Engineers  Ontario (PEO)

 

How We Protect the Public

PEO’s mandate, as described in the Professional Engineers Act, is to ensure that the public is protected and that individuals and companies providing engineering services uphold a strict code of professional ethics and conduct.

PEO protects and serves the public by:

  • ensuring all licensed professional engineers are qualified – and by licensing all who qualify;
  • disciplining professional engineers found guilty of professional misconduct;
  • taking action against unlicensed individuals who illegally describe themselves as engineers. Similarly, the association can prosecute companies or entities who illegally provide engineering services to the public;
  • investigating all complaints brought to it about unlicensed, unprofessional, inadequate, or incompetent engineering services;
  • conducting disputes resolution and hearings; and
  • preparing performance guidelines as benchmarks for quality of service in the engineering profession;

Financial Practitioner Designations

 

CFP – Certified Financial Planner

The Certified Financial Planner designation is an internationally recognized standard for financial planning. It is granted by the Financial Planners Standards Council (FPSC). An advisor with a CFP may help you with personal financial planning and offer advice on investment products and strategies.

CLU – Chartered Life Underwriter

For more than 80 years, the CLU designation has been widely recognized as a mark of excellence in the industry. The Chartered Life Underwriter is a professional financial advisor specializing in developing effective solutions for individuals, business owners and professionals in the areas of income replacement, risk management, estate planning, and wealth transfer.

CH.F.C – Chartered Financial Consultant

A Chartered Financial Consultant is a financial advisor with advanced knowledge in wealth accumulation and retirement planning. An advisor with a CH.F.C. is an expert in retirement planning and capital accumulation strategies.

ONLINE REFERENCES:

http://www.advocis.ca/ (Advocis),

http://www.iafe.ca/ (The Institute for Advanced Financial Education)

http://www.cfp-ca.org/ (Financial Planners Standards Council)

http://www.ifbc.ca/ (Independent Financial Brokers of Canada) http://www.peo.on.ca/ (Professional Engineers Ontario)

Summary

 

I have 37 years of high performance sales (MDRT) and #1 National agency building experience in the life insurance industry. I am retired and capable of coaching Olympic caliber high performance in sales, marketing and agency growth. That is what I did – successfully.

 

 

THE CHARACTER, FOCUS AND PERSONAL COMMITMENT OF MY CEO

It takes extraordinary character, focus and personal commitment to maintain a lifetime environment in which a family can grow into a fully functioning, productive and unified group of adults. I have the privilege and pleasure of being the partner of just such a person.

Dan Zwicker

THE CEO OF OUR FAMILY ENTERPRISE

https://beyondrisk.wordpress.com/2014/12/07/the-ceo-of-our-family-enterprise/

SHOULD YOU SKIP SCHOOL AND INVEST THE TUITION?

BY JASON HEATH

Financial Post

Feb. 21, 2015

As university tuition fees continue to head up and graduates have trouble landing good-paying jobs, parents and students alike  might wonder if university is worth it. Could kids be better off financially by not going to university, in the long run? Let’s crunch some num­bers.

Tuition fees have been rising by much more than the annual rate of inflation in this country. According to the Canadian Federation of Stu­dents, tuition fees rose by 3% in ex­cess of inflation last year. If tuition fees had risen with the rate of infla­tion over the past 20 years, tuition fees should be about $3,665, not the nearly twice as much Canadian stu­dents pay – a whopping $7,549 per year, according to a recent Canadian Centre for Policy Alternatives study.

Based on the CCPA data, the aver­age cost of a four-year university program beginning in  2014/2015 is $68,933  for students living away from home, including tuition and accommodation.

The prospects of making that hard-earned money and study pay off aren’t great. Youth unemploy­ment in December 2014 was 13.5%. More criticially, the underemploy­ment rate – those working in jobs unrelated to their field after gradu­ating – is about twice the unemploy­ment rate, a recent report from the Canadian Labour Congress points out: Less than three-quarters of Can­adian graduates are able to land an entry-level job in their area of study.

Here’s different scenario: What if kids took the $68,933 for their degree and invested it, instead of spending four more years at school? Assuming a 5% return annually over 45 years,  it would be worth about $619,364. Plus they’d be able to start early and spend four extra years working as baristas, dog-walkers or rock stars.

In the extreme situation that they lived at home with Mom and Dad, and banked 100% of their after-tax earnings from the $30,817 average high school grad employment in­ come for four years – then invested it at 5% through retirement, they’d have about another $800,000. So call it $1.4 million extra going into retirement from bringing in money during four earning years after high school instead of shelling out.

Not bad. Not that $1.4 million would buy them  nearly  as much in 45 years’ time, but still, it’s not chump change.

The Council of Ontario Univer­sities, in a recent report, counters with a $1.4 million estimate of its own. That’s the estimated excess earnings over a 40-year period that university grads would make  rela­tive to their high school educated peers. This doesn’t take into ac­count any increase in earnings due to inflation. Assuming 2% inflation, the excess might be a little closer to $2.1 million – nearly 50% more than our notional savings from skipping university in favour of working. If they invest those excess earnings at 5%, that $2.1million excess may be closer to $3.8 million.

On that basis, a university degree pays off -literally.

A  $3.8  million  projection may seem like a bonanza but that’s only about $1.6 million in 2015 dollars. Does that mean university gradu­ates will retire $1.6 million richer than their high school educated counterparts? Unlikely. They’ll probably live in bigger houses and drive more expensive cars and take more vacations. But consider this: They are more likely to be more fi­nancially independent during their working and retirement years.

Financially, university makes sense in the long run, if you can foot the bill in the short run. It may also open a lot of doors compared to not having a degree.

One of the keys to making a uni­versity education worthwhile is con­sidering fields that  are in demand – the so-called STEM fields, such as scientists, technologists, engin­eers and mathematicians. Keep in mind that many employers com­plain university grads lack soft skills like communication that  should be honed, in addition to the book smarts that a degree delivers.

In retrospect, this university edu­cated financial planner is glad he did his stint and is actively saving for his children’s university degrees. I always kind of figured it was worth it – now I have some figures to back that assumption up.

Financial Post

Jason Heath is a fee-only Certified Financial Planner (CFP) and income tax professional for Objective Financial Partners Inc. in Toronto, Ontario.

A PERSONAL NOTE:

THANK YOU JASON FOR A CONCISE UPDATE.

IF I COMPARE UNIVERSITY FEES WHEN I WAS AT UNIVERSITY I WAS ABLE TO PAY FOR MY TUITION, BOOKS AND RESIDENCE AWAY FROM HOME WITH MY SUMMERTIME EARNINGS DURING JUNE, JULY AND AUGUST. MY FEES WERE A FRACTION OF THE $7,549 REPORTED BY THE CANADIAN FEDERATION OF STUDENTS.

IT BEGS THE QUESTION – WHO IS RESPONSIBLE FOR ASSURRING THAT QUALIFIED, WILLING AND ABLE STUDENTS CAN AFFORD TO GO TO UNIVERSITY AND TO GRADUATE.

IT IS A TAVESTY TO THINK THAT OUR LEADERS HAVE FAILED TO ASSURE TODAY’S AND FUTURE STUDENT CANDIDATES THE OPPORTUNITY TO GROW THROUGH THE DISCIPLINE IMPOSED BY UNIVERSITY PERFORMANCE STANDARDS.

DAN ZWICKER

TORONTO

 

 

CONSUMERS MORE SENSITIVE TO CHANGES IN PRICES THAN QUANTITY, FOOD EXPERT SAYS

LAUREN PELLEY

Staff Reporter 

Toronto Star                                       

Size matters when it comes to making money – and sometimes smaller is better. 

Coca-Cola and PepsiCo recently reported higher than expected quarterly profits.

For both companies, mini cans have been part of their revenue-boosting strategies.     

The news comes after Coca-Cola’s regular-sized offerings flatlined last year. But the Wall Street Journal reported that U.S. sales of smaller products, including mini cans, were up 9 per cent through the first 10 months of 2014. And according to market research firm Euromonitor, mini can sales grew 3 per cent the year before while the rest of the carbonated soft drink category fizzled out.

Head to your nearest grocery store and you’ll find the beverage aisle filled with these miniaturized offerings. Consumers have spotted a similar trend elsewhere, too: Bacon packages shrunk last year. Toilet paper sheets are now noticeably smaller. And even some major restaurant chains are selling bite-sized, budget-friendly desserts.

Marketing  experts  say shrinking sizes can be a savvy business practice for combating volatile costs and boosting profits, without jacking up prices for consumers. And it’s not stopping anytime soon.

Meats, vegetables, chocolate, coffee-all sorts of products have been sold in smaller packages in recent years, said Sylvain Charlebois, a professor in food policy and distribution at the University at Guelph.

For certain products, the smaller sizing stems from higher costs within the food industry. “The reduction in size of packaging in bacon was spectacular last year – (it) went down 450 to 375 grams on average at the sameprice;’ Charlebois said.

The reason? A virus affecting herds across North America led to an increase in pork prices in 2014.

“Consumers are very sensitive to price fluctuations, so instead of changing the price, they change the

quantities,” Charlebois explained.

That was the finding of a Chicago-based study, published in the Journal of Retailing in 2013, looking at package downsizing in major ice cream brands.

The researchers studied four brands between 1993 and 2007, observing the shrinking package size and consumer response to the changes.

Consumers were four times more sensitive to price than package size, said researcher  Metin Cakir, an assistant professor  in the department  off applied economics at the University of Minnesota.

”You need more time to check both price and package size of a product. Most consumers probably don’t even check if it’s a product they buy every week,”Cakir noted.

The widespread nature of product size changes can be tied to inflation, said Cindy Chan, assistant market­ing professor at the University of Toronto’s Rotman School of Manage­ment.

”In general, price increases are for the most part undesirable. But when the cost of things in general goes up with inflation, the entire market is reacting to it in the same way- then there might be less backlash against one individual company,” she ex­plained.

But when it comes to certain re­sized products, such as Coke and Pepsi’s mini cans, a smaller size can be a way to appeal to health-con­scious consumers.

“(There is) some indication that parents (are) trying to scale back on pop consumption among their kids like these mini cans of Coke,” said Theodore Noseworthy, Canada Re­earch Chair in entrepreneurial in­novation and the public good.

He cited Skinny Cow ice cream sandwiches and miniature desserts at restaurants like Jack Astor’s and The Keg as other examples.

There’s a psychological principle that most people will go all the way to completion when it comes to food, Noseworthy said, so if there’s a des­sert in front of them, they’ll typically eat the whole thing.

“Consumers are now looking to or­ganizations for that cue to comple­tion,” he added “They’re willing to pay for it.

Whatever the reason companies are shrinking product sizes, it’s a trend that isn’t slowing..”

Lettuce and tomato prices are up from year to year, Charlebois said, and it could lead to shrinking sizes for products containing those ingredients – canned tomato sauce or packaged salads, for instance.­

Olives are another commodity on Charlebois’ radar. During a recent visit to Rome, he learned the olive harvest is way down in Italy and Spain this year,which will eventually affect olive prices.

”In three months time,olive oil will be affected as well,” he said. ”You may actually see olive oil bottles de­crease in size but price points will remain  the same.”

But if previous research is any in­dication, consumers may not bat an eye.

With files from Star wire services

 

IT IS A SAD COMMENTARY ON THE NAIVETY OF THE NORTH AMERICAN CONSUMER AND THE RETAIL FOOD INDUSTRY’S MO IN CAPITALIZING ON IT.

DAN ZWICKER

TORONTO

 

 

 

 

 


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Will NBC ever let Brian Williams return?

Following Brian Williams suspension for embellishing an Iraq War story, the network is putting a familiar face in the anchor chair. Have we seen the last of Brian Williams?

 

The news of Brian Williams‘s suspension and NBC‘s naming of Lester Holt to be his temporary replacement has made waves across the media world.

Mr. Holt, the longtime weekend anchor on the Today Show and NBC Nightly News is a familiar face to viewers. The network will give him six months to win back the audience who may have turned away following Mr. Williams’s embellishing of a report during the time he was covering the invasion of Iraq for NBC.

The controversy has prompted calls for his firing and criticism from other members of the media, as well as calls for restraint. On Wednesday, another voice from the broadcast news world weighed in on the matter.

Television and radio host Larry King was approached by a TMZ reporter and asked about Williams. Mr. King said that the whole incident was unfortunate, but mentioned he did not think Williams would be welcomed back as lead the anchor at NBC.  

“I like Brian [but] what he did was not excusable, but I hope he comes back though,” Mr. King told TMZ. When asked if he could see Williams returning after six months, King said, “It will be hard [to return] because the whole basis of the news is trust. But America forgives.”

In six months’ time, America may very well have forgiven Williams. But if Lester Holt performs well as the lead anchor, the network would most likely balk at the opportunity to give Williams back his hold job, according to King.

“[Holt] is going to do [the broadcasts] for six months. I think if he gets good ratings and [NBC] like[s] him, they’ll keep him.”

In the broadcasts since the announcement of the suspension, NBC has removed Williams’s name from the Nightly News title, according to the Los Angeles Times. This week Holt had to report on NBC’s response to the incident and he said, “Brian is a member of our family but so are you, our viewers, and we will work every night to be worthy of your trust,” Mr. Holt said.

However, there may be a growing population inside the walls of 30 Rock who are not in support of Williams returning to the anchor desk, according to CNN. Now NBC executives are left to debate two difficult options for a news organization: Do they stick it out with Williams and let America’s onetime favorite anchor return to his post, or will ratings and profits be higher without him?

However, if the powers that be inside NBC are basing their decision off ratings alone, it could very well spell the end for Mr. Williams who was viewed as the logical, well-established replacement for Tom Brokaw when the veteran anchor retired in 2004.

ABC’s “World News Tonight with David Muir” has reportedly experienced a huge ratings spike since Friday, the only evening network newscast to see a boost in the all-important 25-54 age demographic since Friday. The ratings grab continued for ABC as Mr. Muir’s newscast was the only one to see a ratings boost from the previous week, going from 1.5 million to over 2.3 million viewers, according to the report.

 

 

 

Lester Holt has been named interim anchor at “NBC Nightly News.” Credit Michel Leroy/NBC

On Wednesday, just before NBC announced it was suspending Brian Williams from its nightly news broadcast, Lester Holt was told he would be sitting in the anchor chair for the next six months.

Along with doing perhaps the biggest job in television news, under added scrutiny, Mr. Holt will also continue to helm the weekend edition of “NBC Nightly News,” at least until a replacement can be found, and host “Dateline,” reminding some that he was once nicknamed Iron Pants for his willingness to work seemingly nonstop.

Several television executives said this week that they did not expect Mr. Williams to return to the anchor chair, even when his suspension is up. So Mr. Holt’s fill-in role could even double as a very public tryout.

If Mr. Holt — who will not hold the title managing editor, as Mr. Williams did — can keep NBC ahead of its rivals, both in viewer numbers and in advertising dollars, he could hold on to a fiercely coveted position and become the first black anchor with his name on “Nightly News.” Nice guys, he has told some, can finish first.

“He’s a total pro, pleasant, unflappable, intelligent,” said David Frei, who hosted the Westminster Dog Show with Mr. Holt for three years in the mid-2000s. “I’m rooting for him to get the job, and I know a lot of other people are, too.”

It will not be easy. In the last week, representatives of prominent people in the news business have been contacting leaders at NBC News about potential candidates to replace Mr. Williams — both inside and outside NBC, people with knowledge of the discussions said. Millions of advertising dollars are dependent on the decision. “Nightly News” generates about $200 million a year in advertising revenue, according to Kantar Media.

Though Mr. Holt made multiple cameo appearances on the NBC comedy “30 Rock” and played bass with The Roots on “The Tonight Show,” he is not a regular on the entertainment circuit or viewed as a crossover star, as Mr. Williams was. He views himself, said those close to him at NBC’s 30 Rockefeller Center headquarters, more as a journalistic Swiss army knife, willing and able to take any assignment. He has been such an adept fill-in for Mr. Williams in the past that the satirical newspaper The Onion once ran an article suggesting that he adroitly dines with Mr. Williams’s family when Mr. Williams is away.

Lester Holt, left, with Kieran Burke, a New York fire marshal, in the ruins of Breezy Point, Queens, after Hurricane Sandy in 2012. Credit Robert Nickelsberg/Getty Images

Mr. Holt, the son of an Air Force technician, likes to tell stories of his time as a D.J. on a country and western station in California, where he grew up, with a brief stint in Alaska. He later zoomed around Sacramento in a Jeep Cherokee equipped with a two-way radio and a police scanner to report on shootings and car crashes.

In Chicago, where he worked as an anchor from 1986 until 2000, Robert Feder, a local media commentator, said “he was smooth, competent and professional in every way, just as he appears today.” He was also, Mr. Feder said, “a solid and well-respected reporter.”

Mr. Holt used a publicist to promote himself while in Chicago, Mr. Feder said, a move that belied his modest image. Mr. Feder said he was sent a package in 1999 that included a news release titled “Lester Holt Facts,” which had 18 bullet points detailing Mr. Holt’s awards and achievements. The package also included a T-shirt bearing a likeness of Mr. Holt and the words: “Thanks for Making Me Your Choice for News! Lester.”

Lester Holt, left, and Al Roker dressed as the Blues Brothers for the Halloween party on NBC’s “Today” show last year. Credit Brendan McDermid/Reuters

NBC executives are likely to be swayed more by raw data. In August 2013, Mr. Holt was in the anchor chair at “Nightly News” when Mr. Williams was out for knee surgery. NBC continued to lead in the ratings race for the broadcast against rivals ABC and CBS, but the network’s edge was tighter, according to Nielsen data provided by Horizon Media. In July that year, NBC led with 7.6 million viewers to ABC’s 7 million. In August, when Mr. Holt anchored the broadcast, NBC had 7.3 million viewers to ABC’s 7.1 million.

Though anchors from other networks are tied up in long-term contracts, NBC has a talented bench it can draw from if Mr. Holt cannot sustain the more than nine million viewers that Mr. Williams commanded before he left.

Other possibilities include Savannah Guthrie, a co-anchor at NBC’s “Today” show and the chief legal correspondent for NBC News. Television industry executives said that not only would Ms. Guthrie have the reporting experience — she has been a White House correspondent — but appointing her to the new role also could give NBC the opportunity to make some changes in the roster at the “Today” show, which trails ABC’s “Good Morning America.” The names of other “Today” show journalists also have been discussed, including Matt Lauer, Natalie Morales and Willie Geist.

But Mr. Holt, said those who know him, has built a career on being ready to walk through whichever doors opened for him. In 2013, as he celebrated a decade of appearances on the “Today” show, Ms. Morales said on Twitter that she valued Mr. Holt because he was “the calm after the storm. The voice of reason in chaos.”

MY PASSION – BEYOND RISK – DIGNITY – THROUGH FINANCIAL EXECUTION – “WILL YOU BE O.K.?”

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Beyond Risk is about people and their views on money….borne of over 30 years of front line experience and engagement in the arena of exponential corporate growth through financial practice building under ‘fire’ in a lifetime passion……the assuring of the financial value of our time…..to allow for the completion of our personal and business financial objectives. It is about character, integrity, people and their often complex and conflicting attitudes towards money…..its accumulation…..its preservation and its utility. It is about the leadership of high performance professionals who are committed to managing the capital risk and the lifetime financial well being of their families, business associates and clients. It is about coaching ‘Olympian’ class high performance empowerment. Above all it is about ethical choice in every facet of decision making and execution. It is remarkable that of all the basic life skill related subjects that we include in our children’s early curriculum financial literacy is not one of them…….given that we live in a money economy. It is said that we each have a “Money Personality”. Nothing could be more accurate and more life defining.
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PASSION

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SINE QUA NON