Full Disclosure: Dalbar’s Plan to Separate Sales from Advice
Led by Lou Harvey, the firm proposes some surprising and significant industry reforms that are worth considering.
Walking the Walk
Former "lobbyist-lite" Knut Rostad tells fiduciary advisors how to stand out.
Does It Really Matter Whether Clients Pay for Financial Planning?
Many of the products or services that we buy in our daily lives come with something that doesn’t appear on the final bill.
The Case of the Mysterious Best-Interest Standard
I recently received an email from an advisor who is upset about Labor's fiduciary rule and came up with some creative ways to express it.
Behind the Numbers
Financial advisors should read the myriad of industry studies and surveys that come out each year with a grain or two of salt.
Show Me the Money: Taking the Fiduciary Debate to the Bottom Line
Part of acting in a client’s best interest is that the advisor must consider the “cost” of the recommended investments.
Is the Fiduciary Standard Really a Political Issue?
I don’t see anything particularly “liberal” about the notion that all professionals should be required to provide advice in the best interest of their clients.
Back to the Future: What Boomers Can Teach Us About Millennials
Getting older is a curious phenomenon. For instance, I have a hard time remembering what I had for lunch, but I can clearly remember a presentation I heard back in 1991 by Joe Nocera.
Beauty Is in the Eye of the Discloser: Suggestions for CFP Board’s New Standards
While most reviewers are applauding the proposals, one point that astute observers make is that they take a rather soft stand on conflicts of interest.
Board to Death: Is the CFP Board’s New Fiduciary Standard Really Better Than No Standard at All?
Back in 2008, the CFP Board announced that it was revising its professional standards to include a requirement that CFPs act as fiduciaries for their clients.