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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.

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Blog

Warren Phillips, Fiduciary Evangelist

By Knut Rostad on May 22, 2019

Wall Street Journal Logo

The Wall Street Journal remembered Warren Phillips, who retired as chairman of the Dow Jones Corporation in 1991 and passed away on May 10 at the age of 92.

Reg BI looks strong, if you squint just right

By Knut Rostad on May 14, 2019

Photo by AgnosticPreachersKid, distributed under CC BY-SA 3.0

By Knut A. Rostad — Despite SEC commissioner Peirce’s comments last week, absent real mitigation, the Reg BI rule is toothless.

The False Claims by Brokerage and Insurance Lobbyists

By Knut Rostad on April 4, 2019

Image of SEC Decisions & Reports Library - Via Pixabay

By Knut A. Rostad — Maryland, Nevada and New Jersey and other states have an historic opportunity to make an extraordinary difference: to lead the nation towards a real fiduciary standard. Investors, like Gail from Maryland, can only hope they do.

The Fiduciary Outlook for 2019

By Knut Rostad on March 16, 2019

Photo by AgnosticPreachersKid, distributed under CC BY-SA 3.0

In this podcast, Robert Huebscher of Advisor Perspectives interviews Knut A. Rostad about the outlook for fiduciary matters in 2019.

Getting to Trust

By Knut Rostad on February 18, 2019

Mark Tibergien and Tim Hockey

Last week two RIA leaders made important remarks illustrating the public’s distrust of financial services.

A Thousand Points of Fiduciary Light

By Knut Rostad on January 18, 2019

AJ Guel [CC BY 2.0 (https://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

The case for a real fiduciary standard is a case for the values and principles that are vital, self-evident and indisputable – like the values that inspired our nation’s founders. And that the country heard last month in eulogies for George H. W. Bush.

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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

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