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.

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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)

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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.

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Wealth Management

APRIL 20, 2023

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

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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 (..)

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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 (..)

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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.

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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,…

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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…

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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 (..)

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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.

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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…

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Fiduciary Duty Government Banking Marketing 40

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.

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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.

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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.

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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. .

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MarketWatch

MARCH 13, 2023

The resignation letter indicated in part that it is the view of the former special committee directors that they could not satisfy their fiduciary duties to the company and fulfil their mandate in the circumstances,” the bank said. for a shareholders’ meeting to remove the former special committee directors.

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Tobias Financial

JULY 11, 2023

It signifies a commitment to professionalism, ethics, and a fiduciary duty to act in our clients’ best interests. We hold our advisors to this rigorous requirement, ensuring that those who lead client relationships and provide investment advisory services possess this designation. Why is the CFP® designation crucial to us?

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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 2010, August 1).

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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.

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Sara Grillo

DECEMBER 22, 2023

. #3 Leverage Fiduciary resources and learn what a pure fiduciary is Institute for the Fiduciary Standard houses a library of Advisor On My Side resources. Read about the six core fiduciary duties. Institute for the Fiduciary Standard. Six Core Fiduciary Duties for Financial Advisors.

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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 (..)

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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.

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Brown Advisory

JANUARY 3, 2023

But that desire has been criticized for running afoul of the concept of fiduciary duty–in simplified terms, the duty to act in a client’s best interests at all times.

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Brown Advisory

JANUARY 3, 2023

But that desire has been criticized for running afoul of the concept of fiduciary duty–in simplified terms, the duty to act in a client’s best interests at all times.

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Brown Advisory

JANUARY 3, 2023

But that desire has been criticized for running afoul of the concept of fiduciary duty – in simplified terms, the duty to act in a client’s best interests at all times.

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Brown Advisory

DECEMBER 5, 2023

In other words, investors prioritizing strict fiduciary duty could focus on ESG information in an effort to make better investment decisions; if other stakeholders are interested in sustainable development, that’s also a win. But ESG information is just that: information.

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Inside Information

APRIL 28, 2022

Cutting right to the chase, the SEC staff says that investment advisors may only use the terms “fiduciary” and “fiduciary duty” on their disclosure form “to the extent permitted by the Form CRS instructions,” and then goes on to remind firms that “the relationship summary is designed to serve as disclosure, rather than marketing material.

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Walkner Condon Financial Advisors

APRIL 17, 2023

Additionally, CFPs must adhere to ethical and professional standards, including a fiduciary duty to act in the best interests of their clients. CFPs must also meet ongoing continuing education requirements to maintain their certification.

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Walkner Condon Financial Advisors

APRIL 21, 2023

Additionally, CFP s must adhere to ethical and professional standards, including a fiduciary duty to act in the best interests of their clients. CFP s must also meet ongoing continuing education requirements to maintain their certification.

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Park Place Financial

NOVEMBER 29, 2022

Since we observe our fiduciary duty, you can trust you will receive the utmost transparency when you partner with our team. . We work collaboratively, combining our various experiences and skill sets to make informed recommendations.

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Park Place Financial

NOVEMBER 29, 2022

At Park Place Financial, we observe our fiduciary duty to always act in our client’s best interest, meaning you will receive the utmost transparency whenever you rely on us for financial. Our team will analyze your financial situation and leverage data insights and. your goals while minimizing risk.

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Park Place Financial

NOVEMBER 29, 2022

Our team utilizes financial strategies backed by hard-date and academically validated principles and adheres to our fiduciary duty in all dealings. We have the knowledge and resources to guide clients through the entire estate planning process, from drafting wills to founding trusts.

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Park Place Financial

SEPTEMBER 30, 2022

Park Place Financial observes its fiduciary duty to act in our client’s best interest, putting your needs above our profits. We use a well-constructed process to guide retirement planning, conducting a review of your financial situation to make informed recommendations.

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WiserAdvisor

NOVEMBER 21, 2022

This is done to establish a fiduciary duty within the candidate and make them a reliable, upstanding member of the fraternity. Financial advisors may or may not have a fiduciary duty, whereas CFPs must uphold the fiduciary standard of the Board. This means working for three years (i.e.

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Truemind Capital

SEPTEMBER 10, 2019

Fiduciary duty should be on the top of the mind of any genuine adviser. Aligned Interest: The most important and unavoidable trait should be the complete absence of conflict of interest. Unchecked conflict of interest can ruin your investment returns.

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Good Financial Cents

JANUARY 10, 2023

The Bottom Line – Robinhood App is Safe? There’s no denying that Robinhood is a registered broker-dealer with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA).

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