Why Obama’s Fiduciary Standard Proposal Doesn’t Go Far Enough
The investment topic I would most like to see as an issue in the next presidential election involves the more widespread application of the fiduciary standard. I would love to see everyone who dispenses financial-planning and investment-management advice be held to it. Note, I said everyone. Not, as President Obama currently is proposing, just advisers who work with retirement assets. I think this standard should apply to advice on any assets, tax advantaged and taxable.
Continue reading on TheWallStreetJournal.com
By clicking on any of the links above, you acknowledge that they are solely for your convenience, and do not necessarily imply any affiliations, sponsorships, endorsements or representations whatsoever by us regarding third-party Web sites. We are not responsible for the content, availability or privacy policies of these sites, and shall not be responsible or liable for any information, opinions, advice, products or services available on or through them.
The opinions expressed by featured authors are their own and may not accurately reflect those of the BAM ALLIANCE. This article is for general information only and is not intended to serve as specific financial, accounting or tax advice.
© 2014, The BAM ALLIANCE