Economy, Fiduciary Duty and License - Financial Advisor Source

Does being a fiduciary financial advisor REALLY matter – or is it “meh?”

Sara Grillo

AUGUST 14, 2023

Legal definition of the fiduciary standard To quote directly from a paper by Attorney Lorna Schnase , two bodies of law form the legal basis for the fiduciary standard: Common law: Under common law principles of agency, an investment adviser, as agent, owes fiduciary duties to its client, as principal.3

Financial Advisor

Financial Advisor Fiduciary Duty Insurance Financial Advice

Transcript: Gretchen Morgenson

The Big Picture

JUNE 20, 2023

It had been prevented, had been barred from that before because of this fiduciary duty idea and also because of the opacity of these instruments. Talk to people who try and get licensed to do insurance things, or if there’s a failure to pay out a policy in the litigation that follows. I mean, it’s just not healthy.

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Financial Advisor Source

Does being a fiduciary financial advisor REALLY matter – or is it “meh?”

Transcript: Gretchen Morgenson

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