Nerd's Eye View

OCTOBER 25, 2023

There is a general understanding that investment advisers have a fiduciary relationship with their clients – in other words, that they are required to act in the client's best interests. These 3 components in practice make up a core part of the adviser's fiduciary duty to their clients.

Fiduciary Duty 246

Fiduciary Duty Commission Clients Accounting 246

Sara Grillo

AUGUST 14, 2023

Legal definition of the fiduciary standard To quote directly from a paper by Attorney Lorna Schnase , two bodies of law form the legal basis for the fiduciary standard: Common law: Under common law principles of agency, an investment adviser, as agent, owes fiduciary duties to its client, as principal.3

Financial Advisor 52

Financial Advisor Fiduciary Duty Insurance Financial Advice 52

Brown Advisory

JANUARY 3, 2023

ajackson Tue, 01/03/2023 - 09:37 ESG: Virtue or Vice? But that desire has been criticized for running afoul of the concept of fiduciary duty–in simplified terms, the duty to act in a client’s best interests at all times. ESG: Virtue or Vice? Wrong Question. Wrong Question. One might say it was only a matter of time.

Fiduciary Duty 52

Fiduciary Duty Management Investing Investments 52

Brown Advisory

JANUARY 3, 2023

Tue, 01/03/2023 - 09:37. But that desire has been criticized for running afoul of the concept of fiduciary duty–in simplified terms, the duty to act in a client’s best interests at all times. 1 1987, the United Nations Brundtland Commission definition of sustainable development. ESG: Virtue or Vice? Wrong Question.

Fiduciary Duty 52

Fiduciary Duty Management Investing Investments 52

Brown Advisory

JANUARY 3, 2023

Tue, 01/03/2023 - 09:37. But that desire has been criticized for running afoul of the concept of fiduciary duty – in simplified terms, the duty to act in a client’s best interests at all times. 1 1987, the United Nations Brundtland Commission definition of sustainable development. ESG: Virtue or Vice?

Fiduciary Duty 52

Fiduciary Duty Management Investing Investments 52

Sara Grillo

NOVEMBER 14, 2022

Do advisors breach fiduciary duty when they fail to recommend annuities? Should those with only insurance licenses that allow them to sell annuities and/or life insurance be held to the same “fiduciary standard” as Registered Investment Advisers (RIAs) with the SEC or state regulators? Are commissions bad?

Insurance 59

Insurance Retirement Financial Advisor License 59

Sara Grillo

JUNE 12, 2023

In 2023, they concluded again that their methodology didn’t work so they came out with AG 49-B. 2023, May 1). In 2015, they came out with AG 49 because the crediting rates appeared similar from company to company but were actually very different. Then they concludes that this didn’t fix it, so they came out with AG 49-A.

Insurance 59

Insurance Clients Financial Advisor Math 59