Fiduciary Standard Should Be Based on How Brokerage Industry Works
A reader says all fees, transaction costs and loads should be transparent and "comparison-shopped for by a broker 'advising' any client." Therein lies the rub.
For Advisors, Social Media Is ‘Social Capital’: ASPPA 401(k) Summit
LinkedIn specifically, and social media overall, is a way to attract and retain clients at a low cost, said the panel that included Dr. Bruce Johnston, president and CEO of Advisolocity.
Winter Musings on a Profession of Financial Advice
Proposed: A simple solution that will give clients of advisors clear knowledge as to who is operating in their interests, at all times.