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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).

Dan Moisand

 

Dan Moisand is a nationally recognized fiduciary fee-only financial planner, an Institute Real Fiduciary™ Advisor and Chair-elect of the CFP Board.

The Institute has enshrined the ‘Moisand Rule’ on fiduciary practices. It is basic and is more important today than ever: “You have to avoid conflicts. If I avoid a conflict, I don’t worry about it.”

Watch the video of Moisand speaking here.

Bob Veres

 

Bob Veres is a long term observer of financial planning. His Newsletter, “Inside information” Is a staple of leading planners. In the May edition he writes about fiduciary and the Institute.

"But a much bigger point is that the fiduciary standard—as Knut Rostad of the Institute for the Fiduciary Standard has pointed out—has been determined by the Supreme Court (1963 ruling) to be at the very heart of the Investment Advisers Act of 1940. It is the foundation of what it means to be an RIA registered with the SEC instead of a tipster or a tout."

- Bob Veres, Parting Thoughts ... The SEC's Own Compliance Culture