Here’s the beginning of an operational definition of what it takes to be a good fiduciary (first of three installments).
Tag "Clifford Caplan"
The controversial and decidedly partisan report not only took aim at the policies of the current administration, it entered into the passive/active debate by solely targeting actively managed funds. Worse, the report reveals a rather naïve understanding of mutual funds and investing.
If you own a business, waiting until the last minute to reduce taxes limits your options. You still have some, though. Here they are.
Long-term investors like retirement savers can easily act like a fiduciary for their own assets. All they need to do is look in a mirror – but not for their own reflection. Look in a mirror a retirement professional is looking into and see how that reflection invests for retirement.
