Browsing Tag
Fiduciary
613 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.
Is This the Most Absurd Fraud Case Yet?
“You want to sue me?” “Well, why not? Sue everybody.” – Jerky Boys, “Punitive Damages” Anyone can be sued…
A ‘Disruptive’ Idea for the 401(k) RFP Process
What if 401(k) plan RFPs were submitted by multiple providers in one centralized location for a true apples-to-apples…
Fi360 Makes Major Fiduciary Fintech Acquisition
Fi360 CFFM acquisition enhances fiduciary technology, adding advisor tools and training to strengthen retirement plan management solutions.
The DOL Fiduciary Rule is Officially Dead
After all the back-and-forth, public comments, lawsuits, time, money and resources, the Department of Labor’s fiduciary rule is…
$3 Billion in 3 Years (and Counting)—How One Top 401(k) Advisor Grew So Fast
It’s an obvious but important point—an astronomical level of assets under advisement achieved in a super-compressed time period…
Rosy Returns: The Case for ESG Factors in Target Date Funds
SRI, ESG, and related strategies no longer sacrifice performance for values, proving critics wrong with strong results.
Securian Introduces 401(k) MEP for Small Businesses
Securian Financial unveiled a new product to help small- and mid-size businesses set up 401(k)s for their employees.…
University Battles Back in Retirement Plan Fee Fight
Northwestern University – 1, Jerry Schlichter – 0 The prestigious Chicago-based university was able to fend off a…
Why We’re Back to ‘Square One’ With 401(k) Fiduciary
Fiduciary responsibilities in financial services, with insights from Dick Friedman on risks, roles, and retirement plan management.
7 Characteristics of Top-Notch Advisors
Caveat emptor is a common Latin phrase meaning “buyer beware.” Now that it appears that the decision striking…