Understand what a fiduciary bond is and why it is important in protecting the interests of beneficiaries and other parties ...

For example, investment advisors registered with the U.S. Securities and Exchange Commission (SEC), as well as with many states, have a fiduciary duty to their clients and must disclose any ...

For example, you might pay a 0.25% fee for each mutual fund you invest in. These fees go to the investment companies that manage the funds, not to the advisor. Frequently asked questions (FAQs) ...

While the fiduciary rule wasn’t implemented, it did have an impact on the industry: It led to changes such as reduced sales of high-cost annuities, for example.

This is an important aspect of a fiduciary duty, as mixing a fiduciary’s assets with clients’ assets can be regarded as theft. There has been at least one high-profile case where this happened.

A true fiduciary could charge assets under management (AUM) fees and use mutual funds that don’t charge a commission, but they can’t sell a mutual fund as a product, says certified financial ...

For example, to be a certified financial planner (CFP), you have to follow the CFP Board's Code of Ethics and Standards of Conduct, which includes acting as a fiduciary.

For example, attorneys, real estate agents and power of attorney representatives can also assume the duty of fiduciary responsibility. There are several types of fiduciary relationships.

Key Points. The role of a financial advisor is one that someone should unequivocally trust. If you are a fiduciary, you should be able to present your clients with recommendations that don’t ...

A Pennsylvania law firm has filed a class-action lawsuit claiming Portland’s Legacy Health mismanaged its retirement plan, ...

New IRA Fiduciary Regulation an Important Change. Here’s what this means for you and your clients: Enhanced Protection: Clients can now breathe a sigh of relief, knowing that their IRA advisor ...

In 2022, a client came to me after suffering a 25% loss in her portfolio, amounting to $500,000. She had been working with an adviser who wasn’t a fiduciary and who had reassured her that ...