Browsing Tag
Fiduciary
615 posts
Being a fiduciary means acting on behalf of another person or entity and having a legal and ethical obligation to put their interests above your own. Essentially, a fiduciary is entrusted with the responsibility to make decisions and manage assets in a way that benefits their client, not themselves. This relationship is built on trust and confidence, requiring the fiduciary to act with utmost good faith, care, and loyalty.
Massive Embezzler Offers 401(k) As Partial Penance
401(k) fraud case reveals ex-Weyerhaeuser manager stole $4.5M through fake vendors, offering retirement funds as restitution.
Fidelity Joins ‘Zero Fee’ Trading Frenzy
Fidelity zero commissions offer includes free online stock, ETF, and option trades, plus higher-yield cash options for investors.
Broadridge Buys Fi360 to Boost Reg BI Solutions
Broadridge acquires Fi360 to expand fiduciary tools, boost retirement solutions, and strengthen wealth advisor support.
Pentegra, ADP Team on Fiduciary 3(16)
3(16) administrative services can easily cause confusion, headache and legal exposure for clients. To help, retirement plan and…
401k MEP Rule Takes Effect
The Department of Labor’s MEP rule—which makes it easier for small businesses to offer DC plans to their…
Trump Labor Pick Scalia Grilled By Democrats
Eugene Scalia, son of the late Supreme Court Justice Antonin Scalia, faced lawmakers in his Senate confirmation hearing…
8 Critical Steps to a More Cybersecure RIA
This is the first part in a series of articles on how fiduciary practices leverage the training and…
Advisor Charged With Stealing Funds For Travel, Luxury Hotels
An advisor with “penchant for international travel” racked up massive amounts of credit card debt, and allegedly used…
MIA: Clear Guidance About Missing 401(k) Participants
With the Department of Labor by all accounts stepping up a national audit campaign targeting 401(k) plans with…
Theft Suspect Offers 401k as Partial Restitution
In a novel attempt at payroll theft penance, a woman arrested on suspicion of embezzling from a company…