Proposed: The DOL Fiduciary Standard Is Unworkable
One expert believes that the advisor industry is ill equipped to grasp what it really means to operate under a fiduciary standard.
Fiduciary Duty, Mutual Funds and 401(k)s: Will Asset Management Firms Kowtow on Fees?
The New York Life employees' lawsuit over the expenses of index funds in their 401(k) plan has broader implications for the asset management business.
Selling Fiduciary Advice to Confused Investors
Ron Rogé's early '90s fee-only campaign inspired hundreds of articles in the mainstream financial press about the benefits of fee-only advice.
The SEC Investor Advocate’s View Askew: The Illusion of Fee Disclosure
What’s missing in the SEC report are the costs to investors of recommendations by “advisors” who do not have a fiduciary duty.
Trust: Being a Good Advisor Is About More Than Expertise and Information
First, listen to a prospect's needs, then present your solutions.
In New Fiduciary World, Should Governance of the CFP Board Be Tweaked?
A veteran planner who spent quality time on the CFP Board and FINRA arb boards suggests CFPs themselves should control the direction of the profession.
Professionals and Conflicts of Interest: Not Hard to Gauge
Here’s why professionals (and their clients) need standards of ethical conduct that address the proper handling of conflicts of interest.
Fiduciary Self-Assessments: Hype or Help?
Following the Institute for the Fiduciary Standard's Best Practices for Fiduciary Advisors can provide a substantial market boost to professional advisors.
Female Clients Shun Wall Street; Indies, Step Up!
The brokerage industry says it will cost billions and take years to make the changes women want. Independent advisors can start making them tomorrow.
Ric Edelman Schools the Brokerage Industry
Rather than filing lawsuits, why doesn't the brokerage industry transition its business to put clients' interests first?