Clear as Mud: The CFP Board’s Blackbox Oversight Process on Ethics
In the digital age, the Board’s process in the Alan Goldfarb, et al., case just doesn’t cut it. And what’s up with The American College piling on?
CFP Board: Let CFPs Vote on the Future of Financial Planning’s Character
The CFP Board should affirm the fiduciary duty's importance to CFPs and welcome a referendum of its designees to determine its way forward.
The State of Investor Trust, or Distrust, Fiduciary and the CFP Board
Is the argument over a fiduciary standard for all advice-givers, and the CFP Board's position on a fiduciary standard for CFPs, missing the bigger point?
The Curious Case of the CFP Board and a Double-Dipping CFP
At issue: Can there really be extenuating circumstances to an advisor double dipping?
Unregulated Advisor Designations Leave Seniors Vulnerable, IMCA Says
Incompetent financial advice is a serious threat that leads to tangible losses for seniors. IMCA wants to do something about it.
CFP Board to CFPB: Seniors Drowning in Alphabet Soup of Advisor Credentials
To help thwart the rising use of misleading or fraudulent designations and certifications, the CFP Board is urging the Consumer Financial Protection Bureau to create a ratings system for such credentials.
Remedy to Boost Advisor Exams Out of Reach This Year
Two important issues for the advisory industry will remain unresolved until next year: how to boost investment advisor exams—either through a self-regulatory organization (SRO) or via user fees—as well as a rule to put brokers under a fiduciary mandate.
A Chat With CFP Board CEO Kevin Keller: Fiduciary, SRO and His Priorities
Providing the SEC with the resources it needs “is the best solution" to the advisor exam problem, says Kevin Keller, but finding a way to ensure advisors face more exam scrutiny—through an SRO or user fees paid to the SEC—will be a “long-term issue.”
Planning Betters Financial Health at All Income Levels: Study
People with a financial plan are more likely to report themselves as “living comfortably”—even if they are in lower income brackets, according to a survey from the Consumer Federation of America and the CFP Board.
CFP Board’s Keller Says New ‘Top Cop’ Will Beef Up Investigations
Keller tells AdvisorOne that Rex Staples, the former general counsel for NASAA who will start his new post on April 9, will help “build our capacity to achieve our mission of benefiting the public.”