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?
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.