The CFP Board has made an important step in addressing material conflicts. Can it shadow President Kennedy’s pledge – and get to the Moon?
The Northwestern Mutual disclosure is a case study that underscores that CFPs need greater guidance.
The recent announcement of impeachment proceedings reminds us of the importance of fiduciary principles.
The Wall Street Journal reported that the CFP Board’s LetsMakeAPlan.org website excluded a lot of negative information about CFPs.
Last week Michael Kitces wrote that the fiduciary standard is no longer a viable way for RIAs to differentiate themselves from brokers, in light of Reg BI.
Do these groups, as SEC Chairman Clayton suggests, have a “lack of understanding” of the law?