A CFP’s View of the CFP Board on Wall Street
A reader shares feelings about how the CFP mark is misused by unscrupulous financial professionals.
DOL’s Best Interest Standard May Be Tougher Than It Looks
There were a number of excellent comments to my last blog, including a tome-like tutorial by Ron Rhoades on “best interest” and “sole interest” standards.
What 'The Big Short' Got Wrong
Last year's movie “The Big Short,” starring Christian Bale, Brad Pitt, Ryan Gosling and Steve Carell, has renewed interest in the history (and myth) of the 2008 mortgage meltdown.
For IRA Investors, a Warning on DOL Fiduciary Rule
The DOL's conflict of interest rule didn't quite extend fiduciary protection all the way to IRAs, Bob Clark writes.
Do Conflicts of Interest Affect the Value of Financial Advice?
When they understand the difference, most clients will happily pay a bit more for advice that’s in their best interest. Who wouldn’t?
All Conflicts of Interest Are Not Created Equal
Individual, subjective biases that affect our judgments are very different than financial conflicts that increase or decrease someone’s compensation.
Fee-Only Fiduciary Confusion From the CFP Board
A reader's use of the CFP Board as the poster boy for run-amok regulation over seemingly nebulous definitions, like fee-only, is sobering.
A Category Is Born: CFP Professional Practices
Do certified financial planners make more money than other financial advisors?
Adhering to DOL Fiduciary Rule: Heal Thyself
Acting in your clients’ best interest is just not that complicated, unless you want it to be.
DOL Fiduciary Rule: A Simple Solution
Critics of the Department of Labor's fiduciary rule forget there's a large, thriving group of advisors who already put their clients' interests first.