Independent registered investment advisors (RIAs) are held by law to the highest standard of responsibility to their clients.
News & Events
When brokers line their pockets at the expense of their customers, fiduciary advisors often have to clean up the mess they left behind.
“It is essential for investors to understand the importance and value of choosing a financial advisor who is a fiduciary – meaning an advisor who serves your best interests – instead of their own,” said Ric Edelman, co-founder of Edelman Financial Engines.
Professional journalists are invited to join a group of investor advocates and fiduciary advisor groups for a virtual press conference on March 6, 2019 at 3:00 pm ET.
Phyllis C. Borzi, former Department of Labor assistant secretary and mother of the DOL fiduciary rule, will participate in a virtual press conference to be held March 6, 2019 at 3:00 pm ET.
The North American Securities Administrators Association (NASAA) criticized Regulation Best Interest, the centerpiece of the SEC measure designed to raise the broker advice standard by requiring brokers to act in the best interests of their clients.