“…the best efforts of those focused on product, not investors, are ultimately doomed to failure.”
Tag "Knut Rostad"

Still, if one has confidence the marketplace will drive the industry towards focusing on the best interests of clients, then a de facto fiduciary standard can emerge organically, without overt reliance on regulators.

Be careful what you wish for because sometimes the cure can be worse than the disease.

We hold these fiduciaries to be self-evident… This is not the beginning of the end, it is the end of the beginning…

He says it doesn’t pass the basic smell test, and that’s just warming up…
Why the investment adviser industry wants to mimic American, but not British, doctors.
How can we expect 401k plan sponsors to understand the difference when financial service professionals can’t?
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 12/16/16
Year end prep, Robo-Fiduciary? and opportunities/risks.