The Fiduciary Rule, proposed by the Department of Labor (DOL) several years ago, and signed into law in April 2016 may be meeting a dead-end. And the Rule may be snuffed out before most individual investors even learned about it. But individuals ought to get an education in what this rule is all about. We… [Read More] Fiduciary Rule reaches a potential dead end
Should acting in the client’s best interest be a requirement of all brokers and advisors? This topic stresses that individuals realize the differences between brokers and advisory firms, and the differences between “financial advisors” and “investment advisors.” There are important differences! Many investors believed “always acting in the client’s best interests” already WAS the case,… [Read More] Acting In the Client’s Best Interest
Why would anybody pay someone to evaluate their financial situation and not be truthful with that person? It seems like a waste of time, money and effort. Yet, we’re all guilty of doing this exact thing! We all go to various professionals for help several times a year and don’t do what they tell us… [Read More] The Self-Fiduciary
Recently, I watched a very famous TED Talk from a man by the name of Simon Sinek. I’m sure many of you are aware of the talk I am referring to, and you can find it here, but for those who don’t know Sinek, or his work, let me recap it for you. Probably the… [Read More] Why Do You Do What You Do?
The fiduciary rule is partially in place as of June 9th. The most important thing this rule has done for the investing world is it has woken the public up to how important it is to work with a fiduciary adviser. What does being a fiduciary even mean? Well it means that you have to… [Read More] Fiduciary Rule Has Led to an Awakening