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.

Best Practices Comments

Best Practices Comments

We collected comments regarding our Best practices throughout the month of March. Comments regarding our Best Practices can view be viewed below.

Lyle Benson & Dirk Edwards, March 23rd – Comment

Dick Purcell, March 9th – Comment

Carolyn McClanahan, March 8th – Comment

David Drucker, March 6th – Comment

Bob Clark, March 5th – Comment

David Lewis – Comment

Mark Berg, March 2nd – Comment

Bert Whitehead, February 24th – Comment

Bill Heestand, February 14th – Comment

Don Trone, February 10th – Comment

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