First the bad news: The client isn’t always right. Now the worse news: If you listen to the client you’ve just bitten off a chunk of fiduciary liability. How did you get in this mess in the first place?
Tag "risk"
How a simple pub game destroyed the nearly two generations-old foundation that built a Nobel-Prize winning investment theory.
Read the fallout from the mass market media op-eds that take opposite sides in the fiduciary standard debate while both taking flack from just one side – those in favor of the fiduciary standard.
To best understand what is wrong with the misuse of investment “risk tolerance,” we need to understand these components of risk.
To really understand investment risk, we must first discover how risk management first evolved.
What does the Fiduciary Standard, upside down mutual fund conventional wisdom and dullard annuities all have in common?
Whether or not you agree with the evolution of Modern Portfolio Theory, you cannot deny the “risk-return trade-off” has become the common sense soundbite of the century for the world of investors.
Fiduciary News Trending Topics for ERISA Plan Sponsors: Week Ending 8/26/11
A week with compliance news coming in from all sides. What issue will have the greatest impact?