Show Me the Money: Taking the Fiduciary Debate to the Bottom Line
Part of acting in a client’s best interest is that the adviser 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.
Crunch Time Part II: CFP Board’s ‘D-Day’
If the CFP Board doesn’t get planners on the right side of the fiduciary issue right quick, it risks marginalizing the entire profession.
Not So Fast, Mr. Cohn: Is Financial Advice Really Like a Restaurant Menu?
When you listen to folks argue for or against things for enough years, you start to recognize certain patterns.
Investment Risk: Another Key to Understanding Financial Services
As we all know, under the current suitability standard, many “advisors” aren’t required to consider the cost to investors when making investment recommendations.
DOL’s (Possible) Loss Could Be Your Gain
Many advisors are lamenting attempts to dismantle Labor’s new fiduciary rule. Bob Clark has a different take.
Financial Planning: The Antidote for the More Matrix
Financial planning is the perfect tool for helping clients overcome cravings for “more” because it provides a method for visualizing and quantifying “enough.”