Sentences with phrase «meet fiduciary standards»

Small plans will continue to move away from revenue sharing as they continue to strive to meet fiduciary standards.

Research that meets the fiduciary standard should be 100 percent unconflicted and, inarguably, in the best interest of the client.

In the third FAQ, we humbly suggest the DOL provide guidance on exactly how advisers apply proper due diligence and meet the fiduciary standard when making investment recommendations.

To start, there is absolute agreement that research that meets the fiduciary standard should be 100 % unconflicted and, inarguably, in the best interest of the client.

Previously, only registered investment advisers have had to meet a fiduciary standard.

Seek out a real expert — a fee only financial planner who meets the fiduciary standard.

Not exact matches

By requiring retirement advisers to either meet a «fiduciary» standard or put other safeguards into place, the rule holds financial advisers to the same benchmark already required of doctors and lawyers — that they act in their clients» best interests.

They would not be specifically required to meet other transition period requirements of these PTEs, such as to make specific written disclosures and representations of fiduciary status and of compliance with fiduciary standards in investor communications, designate a person or persons responsible for addressing material conflicts of interest and monitoring advisers» adherence to the Impartial Conduct Standards, and comply with new recordkeeping obligations.

Applying the ratio of entities that meet the SBA size standards to the number of affected entities, based on the methodology described at greater length in the RIA of the Fiduciary Rule, the Department estimates that the number of small entities affected by this final rule is 2,438 BDs, 16,521 Registered Investment Advisors, 496 insurers, and 3,358 other ERISA service providers.

Edward Jones believes «in the future the mutual fund industry will need to align around common pricing and common structures in order to meet the DOL fiduciary standard.»

Robo - advisors «may meet the needs of certain customers, but this alone does not make them investment advisors,» Galvin said, adding that the fiduciary standards that apply to investment advisors «will apply in equal measure to robo - advisors, and they can not disclaim those away.»

While the SEC considers whether to extend a fiduciary duty to all advice givers, and the Department of Labor forges ahead on its revised definition of fiduciary, HighTower has moved ahead on its own, wrapping a strict fiduciary standard into a business model that meets client needs while giving top Wall Street brokers an innovative home from which to serve those clients and grow their individual businesses.

Rostad said that research from the GAO draws a picture showing that not only are «many, many investors -LSB-...] not being treated with a fiduciary standard, it's worse: there's not even a suitability standard being met» in providing advice on retirement plans.

The debate over the rule has shined a spotlight on the importance of the fiduciary standard and could lead to an exodus of clients away from advisors and brokers that choose not to meet it.

Accessing independent, fundamental research in support of your investment decisions meets a fiduciary «duty of care» standard, yes, but it also impresses clients and prospects.

«We believe in the future the mutual fund industry will need to align around common pricing and common structures in order to meet the DOL fiduciary standard.»

Many advisors are finding their technology doesn't meet their needs to uphold a fiduciary standard.

We are held to a fiduciary standard and offer an unbiased opinion to allow clients to understand what they own and if it meets their needs.

Under these regulations, a person giving financial advice is only held to a fiduciary standard when the following five - part test is met:

It provides a strong managed QDIA option that addresses the industry's heightened focus on ensuring fiduciary standards are met.»

«We believe in the future the mutual fund industry will need to align around common pricing and common structures in order to meet the DOL fiduciary standard.»

With less than two years to go until the full implementation of the Department of Labor (DOL) fiduciary standards rule, annuity carriers are scrambling to create new products to meet those strict pro-customer guidelines.

The directors who sit on the Condo Board not only take on the additional duties of attending meetings, gathering information needed for an informed decision, and dealing with fellow Condo owners, they also set themselves up under Florida law to meet the highest standard of conduct: Condo Board owners act as «fiduciaries» to all unit owners.