At the time of our interview in early July, NAPFA, the fee-only group of planners of which Peggy Cabaniss has served for the past year as chairman, launched a program called Focus on Fiduciary designed to educate consumers about the meaning of a fiduciary relationship. Many consumers’ eyes glaze over when someone tries to explain the meaning of the term fiduciary, so Cabaniss says NAPFA’s intention with the campaign is to “focus on fiduciary as an adjective, not as a noun.” The campaign is being shepherded by NAPFA’s public relations firm, Ben Lewis’s Perception Inc., and is supported by the NAPFA Consumer Education Foundation. Its intention is, in NAPFA’s own words, “to get the word out that only certain financial professionals are subject to a “Fiduciary Standard.” A Fiduciary Standard means an advisor is putting their client’s interests first.” The campaign is using radio public service announcements and a Web site (www.focusonfiduciary.com) to inform consumers on what they should look for in a financial planner.
Investors have pulled at least $902 million since Fisher made lewd comments at the Tiburon CEO Summit.
The growth grid that was rolled out about two years ago is staying around as is, a senior executive says.
On Episode #2 of Human Capital’s podcast, Edelman discusses how he’s redoubling his efforts to help fix Social Security and what steps the SEC must do to tame cryptocurrency.
Sponsored by LPL Financial
Get an in-depth look at how you can lock in future value through proven tactics that will grow your bottom line.
Sponsored by Smarsh
Many companies today are making the move to Office 365. Find out whether it’s the right move for your firm.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.