Advisors who communicate quickly, openly and honestly … will come out in a stronger position.
Important articles on the fiduciary standard. Visit our Must Reads archive page to read older articles.
Knut Rostad, president of the Institute for the Fiduciary Standard, said investors should have a clear idea of which advisers are fee-only.
The disclosure underscores the need for CFP Board to provide additional guidance to CFPs required to manage material conflicts.
Massachusetts is looking to enforce an industry-wide fiduciary standard within its own borders. Will other states follow?
“In five bite-sized offerings, Chairman Jay Clayton fails to tell the public what it needs to know about RIAs vs. brokers.”
FINRA will be responsible for examining brokers for compliance, yet FINRA CEO says ‘It’s not our rule. It’s an SEC rule.’