Knut Rostad, founder of the Institute for the Fiduciary Standard, directed Maryland lawmakers to his group’s website, where real investor “Gail from Maryland” tells her story of being ripped off by an abusive broker.
Welcome to the Institute for the Fiduciary Standard
The principles underlying "liberty and justice for all" have inspired the American journey for generations. In finance and advice, this journey leads to a North Star called the fiduciary standard.
The Institute for the Fiduciary Standard is a champion for investors. Our programs and papers teach investors and advisors about what the fiduciary standard means. All investors want an advisor they can trust. Helping investors find a real fiduciary advisor is our mission.
Institute Must Reads
Testimony of Knut A. Rostad . President & Co-Founder Institute for the Fiduciary Standard, March 13, 2019, to the Maryland Senate Finance Committee on SB 786 and House Economic Matters Committee on HB 1127 on Section 5.
Institute & Industry Leaders
Jack Bogle’s passing, at 89, richly deserves the huge accolades he is receiving. He was a model public servant operating in the private sector.
“Leadership Through Fiduciary” Program October 15, 2018
(left to right) Tom Orecchio, Modera Wealth Management, Dan Moisand, Moisand, Fitzgerald Tamayo, Joel Isaacson, Joel Isaacson & Co., Paula Hogan, Hogan Financial (Moderator)
Investors suffer when fiduciary practices are ignored
Gail from Maryland is an accomplished professional with a BS in engineering and finance and an MBA. She also had a terrible experience with a broker who Gail says betrayed her.
Advocacy on SEC Rulemaking
Testimony of Tamar Frankel, LL.M. S.J.D. Professor of Law EmeritaBoston University School of LawBefore the N.J. Bureau of Securities Re: Fiduciary Duty/Pre-Proposal on November 19, 2018
In this podcast, Robert Huebscher of Advisor Perspectives interviews Knut A. Rostad about the outlook for fiduciary matters in 2019.
Investors are not confused. They do not lack the capacity to think through the information they are given. They are not “forgetful.” However, they do misunderstand how brokers and advisers differ because the information they get from the industry is unclear or misleading.