Sentences with phrase «definition of financial planner»
Nevada recently revised the definition of financial planner «to remove the exclusions for a broker - dealer, a sales representative and an investment adviser, thereby making such persons subject to the provisions of existing law governing financial planners.»
https://insurancenewsnet.com/ Not exact matches
«The ERISA fiduciary definition goes back to 1974, when there were no 401 (k) plans and IRAs were still small,» said Kevin Keller, CEO of the Certified Financial Planner Board of Standards.
Senate Bill 383 modifies the definition of «financial planner» to remove from the exclusion broker - dealers, their representatives, investment advisors and their representatives.
In Canada, Cary List, CEO of the Financial Planning Standards Council (FPSC), says that while there is no regulatory definition, the FPSC's expectation is that a fee - only relationship refers to planners whose compensation originates directly and exclusively from their clients.