Weissbluth Responds to Rostad’s Blog on ‘Zero Conflicts of Interest’—Video

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  • Client Communication and Miscommunication RIA policies and procedures must specify what type of communications should be retained. The safest course of action is for RIAs to retain all communications—to clients, from clients, and about client accounts.  To comply with fiduciary obligations, communications must be thorough and not mislead.
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In a blog posting for AdvisorOne, Knut Rostad of Rembert Pendleton Jackson and The Institute for the Fiduciary Standard questioned whether Elliot Weissbluth of HighTower Advisors misspoke when he claimed his firm had “zero conflicts of interest.”

In the interests of allowing you to judge for yourself, we present below a video from the Market Counsel Member Summit in September in Las Vegas that shows Rostad asking his question and Weissbluth answering it.


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