What Is Fiduciary Investment Advice?, Part 2
What Is Fiduciary Investment Advice?, Part 2

What Is Fiduciary Investment Advice?, Part 2

David Prod

4 min
Business & Finance
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<p>Investors deserve nothing less than the fairest possible shake from anyone entrusted with advising them about their personal wealth. For decades, the fiduciary standard has shaped this highest level of care for those of us committed to delivering it. However, it has probably become harder instead of easier for you to know when you are receiving this level of care … and just as significantly, when you are not.&nbsp;</p><br><p>Sources:</p><p>&nbsp;</p><p>1. https://www.thinkadvisor.com/2019/03/18/sec-using-best-interest-as-a-marketing-slogan-phyllis-borzi/</p><p>2. <a href="https://www.investmentnews.com/historical-timeline-of-fiduciary-duty-for-financial-advice-66755" rel="noopener noreferrer" target="_blank">https://www.investmentnews.com/historical-timeline-of-fiduciary-duty-for-financial-advice-66755</a></p><p>3. <a href="https://www.sec.gov/regulation-best-interest" rel="noopener noreferrer" target="_blank">https://www.sec.gov/regulation-best-interest</a></p><p>4. <a href="https://www.thinkadvisor.com/2020/01/31/reg-bi-creates-fake-fiduciaries-jane-bryant-quinn/" rel="noopener noreferrer" target="_blank">https://www.thinkadvisor.com/2020/01/31/reg-bi-creates-fake-fiduciaries-jane-bryant-quinn/</a></p><p>5. <a href="https://www.thinkadvisor.com/2020/07/29/dol-abandons-its-statutory-mission-to-protect-retirement-savers/" rel="noopener noreferrer" target="_blank">https://www.thinkadvisor.com/2020/07/29/dol-abandons-its-statutory-mission-to-protect-retirement-savers/</a></p><p>6. <a href="https://www.kitces.com/blog/xy-planning-network-vs-sec-regulation-best-interest-separation-sales-financial-planning-advice-double-standard/" rel="noopener noreferrer" target="_blank">https://www.kitces.com/blog/xy-planning-network-vs-sec-regulation-best-interest-separation-sales-financial-planning-advice-double-standard/</a> </p><br><p>If you missed any of our past episodes, you can hear them in your favorite podcast app,<a href="https://plnk.to/aspen?to=page" rel="noopener noreferrer" target="_blank"> just click here and choo

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