A Fiduciary Primer: What’s a Rep’s Responsibility to Clients?
Questions from a veteran RIA — and former broker — reveal the lack of understanding among advisors of the fiduciary issue.
Is FINRA the Fox Guarding the Henhouse?
As I’ve written before, I have a grudging respect for the securities industry and its self-regulatory organization, FINRA: If he were alive today, Lex Luthor couldn't do it any better.
Quiz Time: Do Investors Understand How Financial Services Really Works?
Financial literacy is a noble goal, but clients and investors would be better served by understanding some basics about the industry.
Is the Future of Financial Advice as Dim as Millennials’ Finances?
They’re saddled with debt, including short-term loans, and financially illiterate. So how can they replace your boomer clients?
What’s Up With 12b-1 Fees?
As a fiduciary for your clients, should you invest in mutual funds that levy a 12b-1 fee?
Does Your Advisory Firm Really Have an Answer for the Robo Threat?
AssetMark's "purpose-based" module has a language and approach that are different enough to resonate with a different set of planners — and clients.
Advisor Future Shock: Rising to the Robo Challenge
“Futurists don’t know any more about the future than anyone else,” said Alvin Toffler, “but good ones know a lot more" about the present.
Not So Fast: Maybe Consumers Aren't as Dumb as We Seem
I’ve never been a fan of standardized tests. The “best” answer depends at least as much on the test taker's knowledge and understanding of the test creator.
2015: They Were Doing What? Robos, Flat Fees and Fiduciary
In a reminiscent mood, looking back at the trends of 2015 and what they mean for individual advisors and the profession.
The Non-Promise of Portfolio Growth for Clients
My mistake. Advisors of course can't promise clients future results. And yet, what's the better word to describe the client-advisor relationship?