Tens of thousands of new fiduciary brokers will soon fly the fiduciary flag, as Merrill tells the country that the thundering herd will give all its customers – retirement and nonretirement accounts alike – ‘best interest’ treatment.
Will brokerage firms stick with commissions and service retirement accounts through the best interest contract exemption (BICE) or abandon commissions and offer “fee-based” retirement accounts?
Fiduciary September 2016 seeks to address the picture of persistent investor doubts – in an otherwise upbeat new world of 2016, where emerging market dynamics raise investor expectations and awareness and effectively establish a higher investor standard.
“Americans are more invested in the resilient private economy than in their public leaders.”
Originally published on ThinkAdvisor.com, June 29, 2016 By Knut A. Rostad Celebrating Independence on July 4th? Enjoy the Barbecue – And Vow to Speak out for Fiduciaries
April 19, 2016, Interview with Knut Rostad by Christopher Carosa, CTFA, Fiduciarynews.com