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.

Knut Rostad

Raymond James, the New Borders Bookstore?

By on

  Originally published on ThinkAdvisor.com, May 27, 2014 By Knut A. Rostad Recent statements by two brokerage industry leaders suggest a new way for fiduciary advocates to reframe the fiduciary regulatory battle. Think “disruptive innovation.” First, SIFMA president Ken Bentsen, the voice of the brokerage industry in Washington, recently wrote an extraordinary column on fiduciary […]

Is DOL Fiduciary a ‘Solution in Search of a Problem?’ Consider the Data

By on

  Originally published on ThinkAdvisor.com, March 6, 2014 By Knut A. Rostad Critics of the Department of Labor’s initiative to modernize the 40-year old fiduciary standard under ERISA like to say, despite the mounds of research that suggest the opposite is true, that there’s no need to update the fiduciary standard under ERISA. They assert […]

SEC’s Piwowar talks fiduciary, money fund reform

By on

  Fiduciary is ‘really, really, really’ tough, commissioner tells U.S. Chamber of Commerce   Published in Investment News on January 27, 2014 Written by Mark Schoeff Jr. One of the newest members of the Securities and Exchange Commission on Monday expressed doubt that it should propose a rule raising investment advice standards for brokers, advocating instead for […]

Why Advisors Should Watch Obama’s State of the Union Speech

By on

  Originally published on ThinkAdvisor.com, January 27, 2014 By Knut Rostad Tuesday night President Obama delivers his State of the Union speech. Advisors should take note. Not just for the themes the President strikes or economic policies he advances, but for discerning who is listening. For example, will any of your clients tune in, listen […]

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