by Knut A. Rostad and Darren M. Fogarty — New insights into retail investor, financial reps misunderstandings of brokers and advisers.
Vanguard doesn’t get a free pass on this one
By Bob Veres, October 22, 2018 FinancialPlanning.com After Vanguard CEO Tim Buckley gave his startling keynote address at the Inside ETF’s conference in January (sole diamond sponsor: Vanguard), I received at least 30 email messages from advisors. Buckley’s words were certainly alarming: He said that Vanguard plans to attack financial planning and investment advice fees the […]
Leadership through Fiduciary Program
The Institute puts on a day-long program at the NAPFA Fall conference on the practices that differentiate fiduciary, fee-only advisors from sales brokers. Read more about the 2018 program here.
The SEC Isn’t Giving Us Straight Talk
If passed, the SEC’s 125,993-word proposed Reg Best Interest (“Reg BI”) will harm investors and greatly change the competitive landscape for brokers and advisors.
Regulation Best Interest – A Junk Food Diet
Putting choice ahead of professional conduct, the RBI buffet embraces the junk food Mr. Cohn champions.
Go back to the drawing Board on conduct standard proposals.
In a comment letter to the SEC, The Secretary writes,” It is evident that the Commission has abandoned a Fiduciary standard in the name of ‘choice.'”
