Tag Archives | fiduciary

Acting as a Fiduciary: What Does It Really Mean?

As you may have seen, the Department of Labor has proposed again delaying the implementation of the fiduciary rule, which will require advisors to put clients’ interests ahead of their own when managing retirement accounts.

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The Future of the Fiduciary Rule

I was recently asked to write a blog post for the Pennsylvanian Institute of Certified Public Accountants (PICPA) on the Fiduciary Rule under the Trump administration.  Below is a copy of the article, I hope you enjoy it. The term “fiduciary” has become a buzzword in the financial news recently. From the traditional financial press to comedians on […]

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What Does Being a Fiduciary Really Mean?

The question of whether your financial advisor is a fiduciary has come up a lot in the financial media recently.  But what does that actually mean? As defined by the Cornell University Law Review, a fiduciary duty is “…a legal duty to act solely in another party’s interests.  Parties owing this duty are called fiduciaries…Fiduciaries […]

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Inside the New Fiduciary Standard

Key Takeaways: What does the new Department of Labor rule mean to me? What is a fiduciary? Why is the Department of Labor involved? On April 6th, the Department of Labor (DoL) announced the final adoption of its Conflict of Interest Rule pertaining to retirement investment advice. At a high level, the rule states that […]

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