As new laws strengthen rules on being a fiduciary and acting in a client’s best interest, it’s harder to justify working with anyone else. … Read More
fiduciary
Why you need to work with a digital fiduciary
It’s not just your financial advisors who need to be fiduciaries too. We need to be able to trust people’s online words and suggestions as well. Trust is hard. How do you know who has your best interests in mind? … Read More … Read More
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How financial products are like mattresses
I wanted to come up with a good analogy of why a fiduciary duty is such an important regulation to have in place in our society. And it made me think of mattresses. … Read More
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The meaning of “fiduciary”, or why others looking out for you is controversial
A “fiduciary” is a person or organization that is required to act in the best interest of another. I believe that everyone should be required to act in this way. If I’m going to work with anyone or anything in the … Read More … Read More
Tags: Dodd-Frank, fiduciary, laws, regulations