Investing Caffeine

MARCH 25, 2025

In my letter, I attempted to remind management of the importance of upholding its rigorous corporate governance standards and exercise its fiduciary duty when it comes to the companys allocation strategy.

Investments

Wealth Management

JULY 11, 2025

By now, the Revised Uniform Fiduciary Access to Digital Assets Act (2015) is so far behind the changes of the cryptocurrency industry as to be almost quaint. That, ironically, gives fiduciaries of trusts a clearer position with which to exercise their duties. About the Authors Salvador C.

Estate Planning

Carson Wealth

MARCH 27, 2025

Break their fiduciary duty to act in your best interest. While the POA designation does give an individual the authority to make many decisions on your behalf, you may be wondering what a power of attorney cant do. A POA cannot: Change your will in any way. Make decisions on your behalf after your death.

Fiduciary Duty

Wealth Management

JUNE 11, 2025

Address questions around marital trusts, powers of appointment and fiduciary duties while both spouses can provide input. Women should understand their role in the estate plan, whether they will serve as trustee, what rights they’ll have to income or principal and how decisions will be communicated to remainder beneficiaries.

Estate Planning

Wealth Management

JULY 18, 2025

However, merging trusts requires careful navigation of state law, fiduciary duties and tax considerations. Chad Baker , Founding Member , Baker Law, Ltd. A trust merger is a tool that can simplify administration, reduce costs, remedy drafting issues and address changed circumstances or tax laws. Why Merge Trusts?

Fiduciary Duty

Wealth Management

SEPTEMBER 7, 2022

Court finds that trustee failed to carry out contractual obligations.

Fiduciary Duty

Wealth Management

MARCH 7, 2024

The advocacy group for advisors argued the rule is overly broad. In contrast, the outgoing director of the SEC's Investment Management Division said the degree of risk in AI’s proliferation is “obvious.”

Fiduciary Duty

Wealth Management

APRIL 14, 2023

Overcoming the RIA/Annuity disconnect by addressing common financial advisor objections.

Fiduciary Duty

Wealth Management

JULY 29, 2024

In his new book, the ‘father of life planning’ advocates for a broader fiduciary duty, one that extends to all institutions. Here’s how advisors play into that grand vision.

Fiduciary Duty

Wealth Management

APRIL 20, 2023

By not taking ESG factors into account, financial advisors may be shirking their fiduciary duty.

Fiduciary Duty

Wealth Management

MARCH 5, 2025

Choreos lawsuit comes a day after Compound announced it had brought on members of the Des Moines, Iowa-based team that had overseen $1.2 billion in client assets.

Fiduciary Duty

Wealth Management

MARCH 21, 2025

The SEC accused Cambridge Investment Research's RIA business of breaching its fiduciary duty in recommending certain mutual funds and money market sweep funds.

Fiduciary Duty

Wealth Management

MARCH 20, 2023

Several law firms are looking into whether Focus’ board members breached their fiduciary duties in agreeing to the sale at $53 per share.

Fiduciary Duty

Wealth Management

APRIL 20, 2023

Redd examines litigation in recent years that’s exposed a possible exception to the widely held belief that exercising a power of appointment isn’t a fiduciary act.

Fiduciary Duty

Nerd's Eye View

OCTOBER 25, 2023

There is a general understanding that investment advisers have a fiduciary relationship with their clients – in other words, that they are required to act in the client's best interests. These 3 components in practice make up a core part of the adviser's fiduciary duty to their clients.

Fiduciary Duty

Nerd's Eye View

JUNE 21, 2023

All investment advisers are fiduciaries that owe a duty of care and loyalty to their clients, and, in an ideal world, advisory firms and their staff would abide by these requirements without the need for a prescriptive code of ethics.

Ethics

Nerd's Eye View

JUNE 12, 2024

For example, if an advisor recommends an investment that prioritizes the commission they would receive rather than any benefit the client would derive from it, they could incur fines and sanctions for violating their fiduciary duty as an advisor.

Fiduciary Duty

Abnormal Returns

JULY 26, 2023

blas.com) Personal finance Eight things to look for in a financial advisor including 'a fiduciary duty.' (morningstar.com) Some insights from Felix Dennis including 'Never loan money to friends or family. whitecoatinvestor.com) A look at ways to provide inter-generational wealth transfer absent a trust including 529 plans.

Fiduciary Duty

Nerd's Eye View

MAY 26, 2023

Also in industry news this week: How consumer concerns about the stability of the banking industry could present independent advisors with an opportunity to add value by managing client cash Why an advisor’s fiduciary duty can sometimes come into conflict with the best insurance options for their clients From there, we have several articles on (..)

Financial Planner

Nerd's Eye View

JANUARY 19, 2024

Also in industry news this week: While the total number of RIA M&A deals in 2023 fell short of a record-setting 2022 amidst an elevated interest rate environment, continued interest from private equity firms and creative deal structures could boost deal flow in 2024 While the SEC authorized 11 "Spot" Bitcoin ETFs last week, comments from chair (..)

Financial Planner

Nerd's Eye View

FEBRUARY 17, 2023

Also in industry news this week: A court ruling this week vacated Department of Labor guidance that a one-time rollover recommendation from a company plan to an IRA would trigger fiduciary duty requirements under ERISA Vanguard’s CEO this week indicated the firm plans to invest heavily in direct indexing amid the growing use cases for the strategy (..)

Financial Planner

Nerd's Eye View

SEPTEMBER 27, 2024

Also in industry news this week: As brokerage firms have faced a wave of lawsuits regarding the low interest rates paid on cash sweep accounts, some legal experts believe that RIAs could also be targeted for legal action if they allow clients' uninvested cash to sit in a cash sweep account rather than investing it or moving it to a higher-yielding (..)

Financial Planner

Abnormal Returns

JANUARY 31, 2023

blog.validea.com) How anti-ESG movements could be contrary to a fiduciary duty. (klementoninvesting.substack.com) How ChatGPT, and other LLMs, will change how investors do their work. nytimes.com)

Fiduciary Duty

Advisor Perspectives

JULY 15, 2024

Conflicts are everywhere in financial planning. They exist in all fee models, whether they be commissions, assets under management, fixed fee, or hourly. Any time money changes hands there are conflicts of interests.

Fiduciary Duty

Ron A. Rhodes

MARCH 18, 2023

While the SEC has provided an interpretative release [SEC Release IA-5248, Commission Interpretation Regarding Standard of Conduct for Investment Advisers (July 12, 2019)] regarding the fiduciary duties of investment advisers,…

Fiduciary Duty

Ron A. Rhodes

MARCH 10, 2023

It is an essential precondition to the process of critical thinking. Possessing doubt permits the receipt and evaluation of opposing points of view. We must first acknowledge that there…

Fiduciary Duty

Sara Grillo

MARCH 11, 2024

He says that as a fiduciary, his job is to return back multiples of the value of each dollar they spend on him. If he doesn’t, he feels he isn’t doing this fiduciary duty. He takes the fiduciary duty very seriously and lives it, not just virtue signals it. Good for you, bro.

Financial Planner

MarketWatch

APRIL 12, 2023

Plants issued a press release in which they disclosed — and blatantly mischaracterized in a defamatory manner — highly confidential internal deliberations of the Board in direct violation of their employment agreements and their fiduciary duties as directors and officers under Delaware law,” said the release.

Fiduciary Duty

eMoney Advisor

DECEMBER 20, 2022

As cryptocurrency continues to become a more significant part of the investment world, what responsibility lies with financial advisors who have a fiduciary duty to protect their clients? The Fiduciary Duty is exemplified by the Duty of Care, which applies to financial advice about all financial assets.

CFP

Wealthfront

NOVEMBER 4, 2024

Wealthfront Advisers is a registered investment advisor, and that means we have a fiduciary duty to act in your best interest. As part of that commitment, we are always looking for opportunities to help you earn more and keep more.

Fiduciary Duty

Ron A. Rhodes

APRIL 8, 2023

ON THE EXISTENCE OF MORAL HAZARD IN BANKING (ONCE AGAIN) The collapse of Silicon Valley Bank and Signature Bank in led to a March 12, 2023 joint statement from Secretary…

Fiduciary Duty

Advisor Perspectives

NOVEMBER 14, 2023

Fiduciary duties are either unneeded or harmful, according to the opponents of the DOL rule. In their view, the finance and insurance industries have already achieved perfection.

Fiduciary Duty

Park Place Financial

SEPTEMBER 8, 2022

A key indication of an advisor’s dedication to acting in the client’s best interest is the mention of fiduciary duty. Some advisors do not observe fiduciary duty but are bound to a suitability standard. This phrase means the advisor is legally obligated to place their clients’ concerns above their profits. .

Financial Advisor

MarketWatch

MAY 30, 2023

On Tuesday, Freshpet said that its board “has acted in the best interests of all stockholders, in accordance with the directors’ fiduciary duties, and in compliance” with the company’s charter. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.

Fiduciary Duty

Brown Advisory

JUNE 18, 2020

Community and society Philanthropic activity Environmental impact, including our carbon footprint and our carbon-neutrality commitment Colleagues Career development support, including commitments to support colleague education Support for colleagues and their families, including revamped policies covering all expressions of gender and sexual orientation (..)

Fiduciary Duty

Brown Advisory

JUNE 18, 2020

General commitments to ethics and fiduciary duty. Support for colleagues and their families, including revamped policies covering all expressions of gender and sexual orientation. Diversity and inclusion programs and metrics. Cybersecurity programs to protect clients and colleagues.

Fiduciary Duty

WiserAdvisor

JUNE 12, 2022

Ensure that the financial advisor is bound by fiduciary duty. A fiduciary refers to an individual who acts in your best interests at all times and is legally bound to place your interests before their own. Financial advisors bound by fiduciary duty will not try to sell you financial products that benefit them monetarily.

Financial Advisor