Phrases with «fiduciary rule»

The phrase "fiduciary rule" refers to a regulation that requires financial advisors to always act in the best interest of their clients, putting their clients' needs ahead of their own. It ensures that advisors provide advice and make recommendations that are in the client's best interest, helping to protect the client and build trust in the financial industry. Full definition

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Sentences with «fiduciary rule»

  • Note: the new fiduciary rule applies only to advisors working with retirement accounts. (sensiblemoney.com)
  • The proposed fiduciary rule creates a best interest contract exemption, which is a contract that the advisor will have to present to a potential client. (thinkadvisor.com)
  • A uniform fiduciary rule crafted by the agency, however, will be business - model neutral, she said — a term that has had many in the advisory community scratching their heads. (thinkadvisor.com)
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