The Northwestern Mutual disclosure is a case study that underscores that CFPs need greater guidance.
Knut's Views
The Role of Fiduciary Duty in the Impeachment Process
The recent announcement of impeachment proceedings reminds us of the importance of fiduciary principles.
How Will the CFPB Survive this Crisis?
The Wall Street Journal reported that the CFP Board’s LetsMakeAPlan.org website excluded a lot of negative information about CFPs.
In a Reg BI World, is Fiduciary Differentiation “Dead”?
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.
SEC Chairman Clayton Misunderstands His Critics
Do these groups, as SEC Chairman Clayton suggests, have a “lack of understanding” of the law?
The Brokerage Industry’s “Muddle” Strategy
July 4 reminds us of how the American experiment started. That stands in startling contrast to the SEC’s experimental standards.
