The Fidelity Guide to Attracting and Retaining More Millionaires
If the 2016 Fidelity Millionaire Outlook Study is right, advisors may not understand millionaires as well as they think they do.
Robo Technology's Promise Redux: It’s About the Clients, Stupid
Comments on a prior blog lead me to refine my point about who will be the bigger beneficiary of digital advice platforms.
How Robo Technology Will Take Independent Advice to the Next Level
Aided by robos, advisors will become more like today’s doctors, analyzing information collected by robo platforms, reviewing the platforms' recommendations and helping clients implement them.
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.