article thumbnail

Fiduciary Duties of Trustees in the Age of COVID

Wealth Management

Court finds that trustee failed to carry out contractual obligations.

article thumbnail

Seeking Best Execution: Understanding The SEC’s Expectations For Advisors To Deliver Best Outcomes For Clients

Nerd's Eye View

One of the best sources of guidance from the Securities and Exchange Commission (SEC) is a 1986 interpretive release that unofficially sets forth a framework for satisfying the fiduciary duty to seek best execution of securities transactions in client accounts. Read More.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Advisory Annuities and the Role of Fiduciary Duty

Wealth Management

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

article thumbnail

SEC’s AI Rule Could 'Weaken' Advisors’ Fiduciary Duty, IAA Attorney Argues

Wealth Management

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.”

article thumbnail

Q&A: George Kinder on His Call for a New Fiduciary Standard

Wealth Management

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.

article thumbnail

It’s Not ‘ESG Investing.’ It’s Just Investing

Wealth Management

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

article thumbnail

Adviser links: in times like these

Abnormal Returns

nextavenue.org) Advisers Clients prefer advisers with a fiduciary duty. (knowledge.wharton.upenn.edu) Why advisers may spot dementia in clients first. thinkadvisor.com) Older Americans are joining in on the sober curious trend. citywire.com) Financial capital is only one part of well-being.