The Institute contends in a new whitepaper that SEC and CFP Board rules will sweep away key principles of the Advisers Act.
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
Institute Initiatives & News
Regulators treated brokerage sales and fiduciary advice differently for years, stressing the harms and risks of conflicts of interest. Avoiding conflicts, if at all possible, was the norm. That was yesterday.
John C. Bogle, 1929-2019
Personal finance columnist Jane Bryant Quinn: ‘How Jack converted me and changed my life.’
Chairman Clayton Has a Message for Investors
Jay Clayton, Chaiman of the U.S. SEC, attempts to "arm [investors] with the right information to ask the right questions and make the [right] choices" in the first video of five. The information, like Reg BI, is muddled.
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, State Rulemaking
SEC staff to issue two “Risk Alerts” for further guidance.
Conflicts of interest are a threat, but some regulators don’t seem to see the need to restrain them.
Institute & Industry Leaders
Many financial advisors today, including CFPs, call themselves “fiduciaries” but still possess conflicts of interest that are often not properly managed.