We share what is truly important when evaluating your current financial advisor or banker and provide a detailed process to help in your evaluation Click to Download Is your Advisor a Fiduciary - it's not so simple The media talks about ‘You must have a Fiduciary.’ We share with you real...
In an environment where the first question is, “Do you have my best interests in mind?” assumptions should be verified. It seems like common sense, but ideally, you should trust your financial advisor. Regardless of which advisor you choose, ask if they are held to the fiduciary standard...
A fiduciary financial advisor must uphold a fiduciary duty to you. That fiduciary duty legally protects you as a client. A doctor can’t legally sell you a drug that isn’t best for your condition just because they get a commission from the drug company. According to the law, neither can...
Dividends are regular payments of profit made to investors who own a company's stock. Dividends can be paid in cash or reinvested back into the stock.
Department of Labor (DOL) stipulating whether a financial planner or adviser is a fiduciary under various specific patterns. The ruling is made in response to a request for guidance by Descret Mutual Benefit Administrators concerning the responsibilities of plan fiduciaries regarding advice and other ...
Why is my advisor suggesting this fund? Of course it could be because the fund is asuitable investment, but the prospectus offers a few other clues. Page 24 has a section entitled “Distribution plans and payments to others.” You can see that this fund charges 12b-1 fees (distribution ...
Kent Thune, CFP®, is a fiduciary investment advisor specializing in tactical asset allocation and portfolio management with a focus on ETFs and sector investing. Mr. Thune has 25 years of wealth management experience and has navigated clients through four bear markets and some of the most chall...
2009 Director and Corporate Advisor of NYK Line Jun. 2010 Corporate Advisor of NYK Line (Current) Jun. 2011 Outside Director of the Company (Current) Mr. Kusakari has held a number of significant positions, including President of NYK Line and Vice Chairman of Nippon Keidanren (Japan ...
Based on the management representation, Smart-PRC has been making a very good return from its investment activities in the PRC, and these investments are mainly funded by the large amount of cash received from Smart-HK by way of sub-contract fees. Required: As the tax advisor of Acquirer ...
If an advisor is acting as a fiduciary under the Employee Retirement Income Security Act (ERISA), they are subject to the higher standard—the fiduciary best-advice standard rather than the lower, merely suitable advice standard. Their designation can limit products and services they are allowed ...