Tag

suitability

Professionals Subject to a Fiduciary Duty: Doctors, Lawyers, Accountants AND REALTORS(!)

Realtors, Too (Don’t Forget About Realtors) “In a new lawsuit, the Chamber of Commerce is seeking to prevent the government from holding retirement advisers to the same standard as doctors, lawyers or accountants ” known as a “fiduciary” standard ” which requires people in positions of trust to always act in their client’s best interest.”...
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Realtors, Financial Advisers, and Fiduciary Duty

Transparent Compensation vs . . . Not “An astounding 75 percent of consumers believe, incorrectly, that all financial advisers already have to act in their best interest.” –“Is Your Financial Adviser Making Money Off Your Bad Investments?”; The NYT (Sept. 29, 2015). Want one more reason why millions of Mom-and-Pop investors are opting for low-cost index...
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Vanguard’s John Bogle on Fiduciary Duty

“Put the Interests of the Client First. No Excuses. Period.” In a world where individual investors have few friends (sadly), Vanguard founder John Bogle — now 83 years old – is a true champion. What does he propose doing now to fix the stagnant economy and (still) battered financial system? Bogle advocates taxes to discourage...
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"You Mean They Can STILL Screw Their Clients??"

“Cruel Kindness” — and Vice Versa Cruel to be kind in the right measureCruel to be kind it’s a very good signCruel to be kind means that I love youBaby, got to be cruel, you got to be cruel to be kind –Nick Lowe; lyrics, “Cruel to Be Kind” Which of the following professionals have...
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