Former SEC Commissioner Luis Aguilar spoke these words in 2010 when Dodd-Frank was under construction in Congress: “While the scope of service may vary between clients, the standards of loyalty and care in providing that service should not. You simply cannot be three-quarters of a fiduciary.”
Blog
Mark Tibergien, CEO of Pershing Advisor Solutions
In an interview with Barron’s published in the Wall Street Journal on Tuesday, September 19, 2017 by Cheryl Winokur Munk, Tibergien answers a few questions about the future face of the RIA Industry.
How fiduciary advisors need to talk so investors (really) listen
A conversation on how fiduciary advisors ‘Need to talk so investors listen.’
When Are We Going to Get There?
In his weekend column, Jason Zweig surveys the landscape on fiduciary regulations and firm adherence. He finds it lacking.
Will CFP Board Make History?
What do investors want from advisors’ code of conduct? A survey conducted in 2016 by the CFA Institute offers an insight.
Memo on the Proposed Code of Ethics and Standards of Conduct to CFP Board
In a memo to CFP Board from the Institute, we comment on its new standards. The proposed standards move financial planners towards professionalism on a number of fronts. Two stand out. One, in a sharp departure from the current standards, all CFPs who render financial advice are held to fiduciary conduct. Two, in the proposed standards conflicts begin to be addressed.
