Browsing Tag
Fiduciary
617 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.
Massachusetts Regulator Proposes Fiduciary Rule
Frequent SEC Reg BI critic William Galvin, Secretary of the Commonwealth of Massachusetts, announced Friday that his Securities…
Is ESG the True Fiduciary Path Forward?
A fiduciary’s duty is to do whatever is required to preserve participants’ capital and purchasing power into the future. Here's why.
Concerned About Reg BI? Here’s Marcia Wagner’s Breakdown for Broker-Dealers
Regulation BI requirements cover disclosure, care, conflicts, and compliance rules for broker-dealers serving retail customers.
June Top Advisor by Participant Outcomes (TAPO)—Todd Kading
The Flexible 401(k) Fiduciary “The only reason we’re in this business is to make sure people can actually…
Date Set for 401(k) Fiduciary Rule Reboot
The Department of Labor has set a date for a new fiduciary rule push (officially the “Conflict of…
New Standards Guidance Available for ‘Fee-Only’ CFPs
CFP Board this week issued a new guidance document to assist fee-only CFP professionals in complying with the revised Code & Standards.
(Hallelujah!) Investors ‘Carefully Consider’ Fees, Expenses in Mutual Fund Selection
Is the knock-down, drag-out industry fight over fees finally getting through to the masses? It appears so, according to ICI.
What’s the Difference Between Fiduciary Insurance and a Fidelity Bond?
Plan administrators often ask me to explain the difference between a fidelity bond, which is required, and fiduciary…
Tom Zgainer’s 401(k) Zeal: Is He Winning the Low-Fee Fight?
Tom Zgainer is annoying the heck out many retirement plan providers, and he’s absolutely fine with it. He…
Hedge Fund in DOL Hotseat Over Retirement Plan Assets
Hedge fund pension assets face scrutiny as Alden Global Capital comes under Department of Labor investigation.