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Institute for the Fiduciary Standard Establishes Frankel Fiduciary Prize

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The Institute for the Fiduciary Standard today announced the establishment of the annual Frankel Fiduciary Prize to honor individuals who advance fiduciary principles.

The Frankel Fiduciary Prize will be awarded annually to a person who has made significant contributions to the preservation and advancement of fiduciary principles in public life. The prize is named after Professor Tamar Frankel, the Michaels Faculty Research Scholar, at the Boston University School of Law.

The Frankel Fiduciary Prize Selection Committee is composed of:

  • Brooksley E. Born, Retired Partner, Arnold & Porter LLP
  • John C. Coffee Jr., Committee Chairman, Adolf A. Berle Professor of Law, Columbia Law School (Prize Selection Committee Chair)
  • Deborah A. DeMott, David F. Cavers Professor of Law, Duke Law
  • Andrew K. Golden, President, Princeton University Investment Company
  • Knut A. Rostad, President, Institute for the Fiduciary Standard

John C. Coffee, Committee Chairman, noted: “Professor Frankel has dedicated her life to researching and teaching fiduciary law. The Committee is very pleased to honor her contributions through the establishment of the Frankel Fiduciary Prize.”

 

Nominations by May 23, 2013

Nominations for the prize must be received by May 23, 2013.  They should be emailed to Knut A. Rostad, info@thefiduciaryinstitute.org, and to John C. Coffee, jcoffee@law.columbia.edu.

For more information, contact Knut A Rostad at 703-821-6616 x 429, or 301-509-6468 (cell).

Fiduciary Doings

Tamar Frankel and Phyllis Borzi

 

The Institute organized a meeting to discuss common interests on Reg BI, the states and advocacy on January 16 in Washington. 22 leaders from nine advisor and consumer advocacy organizations attended.

Here, Phyllis Borzi (left) and Tamar Frankel, Institute Board of Advisor members, are seen readying to depart an Institute dinner, the evening before, where they led discussions.

Carolyn McClanahan

 

"With the advent of 401(k)s and the decimation of pension plans to ensure financial security in old age, a fiduciary standard is more important than ever. The public needs to be confidant that advisors helping them plan for their retirement years always and only act in their best interest as a fiduciary. I'm happy to endorse organizations such as the Institute for the Fiduciary Standard that promote protections for those who need to secure their financial future."