Meet Margaret from Maryland. She had been relying on the advice of brokers for many years but contacted a fiduciary (CFP®) for a second opinion when the broker recommended that she buy another annuity to add to the two she’d already been sold.
First Ascent Asset Management, a portfolio strategist serving financial advisors, today announced that its founder and CEO, Scott MacKillop, is the recipient of the Investments & Wealth Institute’s 2019 Governance Insight Award.
“With the information required by Massachusetts, clients can engage in intelligent conversations with an investment professional and can better comprehend a firm’s value proposition…”
Securities and Exchange Commission Chairman Jay Clayton hinted that Regulation Best Interest might be released sooner than expected.
When selecting a TAMP for a client, an advisor should structure their due diligence process to focus on client benefits.
One-page document would crystalize costs highlighted in Form ADV for Massachusetts investors. Knut Rostad praised William Galvin for illuminating fees.