The Institute for the Fiduciary Standard

A resource site for investors, brokers, academics and the media.


Building a fiduciary culture of honesty, integrity, and expertise.

Aguilar, Borzi, Bogle to Help Launch Campaign for Investors May 24

By on

Media Advisory / May 11, 2016

Campaign to Assist Investors Screen Advisors who Best Fit Their Needs

The DOL Rule has emerged as a central issue this year. While what this rule means will unfold over the next months and years, advisors and investors can align around a strong fiduciary standard in 2016.

On May 24, 2016, the Institute for the Fiduciary Standard will launch its Campaign for Investors at the National Constitution Center in Philadelphia. The Campaign for Investors will provide tools and resources to educate investors on their rights, as well as provide advisors with the guidance they need to best meet their client’s interests and remain essential in an increasingly competitive industry.

Vanguard Founder John C. Bogle, Assistant DOL Secretary, Phyllis Borzi and former SEC Commissioner Luis Aguilar will speak. Aguilar will receive the first John C. Bogle Award.

Knut Rostad, president and founder of the Institute, will unveil the Campaign website and introduce its Investor Bill of Rights. Although unable to attend the event, personal finance advocate Jane Bryant Quinn will serve as the national spokesperson of the Campaign.  The program will begin at 9AM ET and finish at 12:30PM ET with an informal lunch following.

The event will also feature two panels, “The DOL Rule: What it Means for Investors” and “What Great Advice Means.”  Panelists will include Personal Capital founder and CEO Bill Harris, financial planner and fiduciary law expert Dr.  Ron Rhoades, and Skip Schweiss, who  is responsible for TD Ameritrade’s Institutional Retirement Plan Services platform,  among other industry experts.  A full agenda is here.

We would welcome your attendance at the event. A livestream will be made available on the Institute’s YouTube page. Knut Rostad will be in New York for media interviews on May 25.

If you are interested in attending the event, would like a link to the livestream, or would like to schedule an interview for May 25th, kindly call Lucie DuFour at (212 358-8515, ext 7) or respond to Lucie at [email protected].

 

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