Defining ‘Best Interest’ Standard in Fiduciary Debate a Head Scratcher
Two industry trade groups and the Financial Industry Regulatory Authority came out recently with uniform best interest standards in an attempt to squelch what they say will be competing fiduciary plans to be issued by the Department of Labor and the Securities and Exchange Commission.
Don Trone: Father of Fiduciary—The 2015 IA 35 for 35
In the driver’s seat of the fiduciary movement for nearly 30 years, Trone’s not a fan of regulators’ attempt to redefine what fiduciary means.
The 2015 IA 35 for 35 Calendar
Throughout May, we’ll publish extended versions of the interviews and profiles that appeared in the May issue of Investment Advisor. We'll update this calendar with links to each article as they are published.
The 2015 IA 35 for 35
These advisor advocates, investors, politicians and thought leaders have stood out over the past 35 years and will influence financial services for decades to come.
New Hire Roundup: Needleman Named to CFPB Advisory Board
Meanwhile, Dave Rau will head the trust tax group at U.S. Bank Wealth Management.
What's Next for the Fiduciary Standard?
While the industry awaits a decision by the SEC on whether it will move forward with a uniform fiduciary rule for brokers and advisors, fiduciary advocates will engage this month in a debate about the importance of the two fiduciary rulemakings being considered by the SEC and the DOL.
Come Together (for Fiduciary Best Practices)
Knut Rostad's thoughtful white paper calls on the advisory industry to set fiduciary best practice standards.
Is the Profession Really Concerned With Rebuilding Investor Trust?
A broader discussion of the trust imperative for the advisory profession—and the appropriate subsequent concrete actions—is needed, and advisors need to lead the way.
Don Trone: Dodd-Frank, SEC Are a ‘Disaster’
Trone compares a true fiduciary duty to military members' obligation to put their lives on the line for others: "It doesn’t have to be talked about; it’s just understood.”
Honoring Advisors Who Serve(d): Memorial Day, 2013
In a slideshow honoring advisors and their partners—and one famous non-advisor, PIMCO’s Gross—who served in the armed forces, we present 18 veterans deserving of praise.