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Erasing CFPs Compensation Methods is a “Doozy” of a Mistake
CFP Board recently erased compensation categories on its website, making it impossible to search for an advisor that way.
CFP Board removes compensation descriptions from consumer website
Knut Rostad, president of the Institute for the Fiduciary Standard, said investors should have a clear idea of which advisers are fee-only.
A Disappointing Move by the CFP Board
Many financial advisors today, including CFPs, call themselves “fiduciaries” but still possess conflicts of interest that are often not properly managed.
Northwestern Mutual Disclosure of Conflicts for CFPs Reveals Scale, Scope, Complexity and Opacity of Incentives
The disclosure underscores the need for CFP Board to provide additional guidance to CFPs required to manage material conflicts.
Investors Speak Out on Legacy of Jack Bogle
A first-of-its-kind opinion survey released by the Institute for the Fiduciary Standard for the ‘Friends of Jack’ reveals Jack Bogle’s principles are fixed in the American mind.