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Tributes to John Bogle pour in from SEC, retirees, and a Collegeville pizza parlor

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by Erin Arvedlund, January 21, 2019

Originally published on Philly.com

Tributes from around Philadelphia, and the country, have poured in for the late Vanguard founder John C. Bogle, who insisted everyone call him “Jack.”

Here’s a personal tribute: Around 2001 when I started covering mutual funds, Bogle took me to lunch at the Princeton Club (his college alma mater) in Manhattan to give me “some tips.” That was outrageously humble of him, given that he’d created the index mutual fund, He’d also received a heart transplant in 1996, and yet I could barely keep up with the pace of his ideas for stories. He was then 70, and still worked from 6 a.m. to 6 p.m. He died at his Bryn Mawr home last week at age 89.

Read the full article on Philly.com

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