The Institute for the Fiduciary Standard
A resource site for investors, brokers, academics and the media.
By The Institute on
Knut Rostad was featured on the inSecurities podcast, which is hosted by the Practising Law Institute (PLI).
Knut and Kurt Wolfe, a securities regulatory attorney at Quinn Emanuel, sat down to discuss the fiduciary standard registered investment advisors owe their clients, how the SEC interprets that standard in 2022, the challenges and opportunities for advisors created by the SEC’s interpretation and Regulation Best Interest, and what the future of the fiduciary standard might look like.
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 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