Sentences with phrase «only as a fiduciary»

We work only as a fiduciary advisor to our clients in exchange for a reasonable fee.

Not exact matches

It's important to be specific when asking about whether or not they're a fiduciary, since many advisers are dually registered as a broker (only subject to the suitability standard) and a fiduciary.

They want only advisors with expertise in retirement issues to act as fiduciaries for 401 (k) plans because of risk management issues for the corporation, says Chetney.

As a 401 (k) plan sponsor, you have a fiduciary responsibility to pay only reasonable 401 (k) fees from plan assets.

In rendering her decision, District Judge Barbara M.G. Lynn stated that the Coalition's motion should be granted because its proposed brief «provides a unique perspective» as the only filing party «representative of financial professionals in the United States already operating under a fiduciary standard.»

Nancy Smith, executive vice president and corporate secretary at AARP, said on a conference panel with Hauser that AARP will not only continue to advocate for the fiduciary rule but plans to assemble some members to act as «mystery shoppers» to see if advisors are complying.

Dale Brown, FSI's president and CEO, stated on the call that FSI, as well as the other groups joining the suit, «has supported a uniform fiduciary standard since 2009 — before Dodd - Frank became law... but the Department of Labor's complex and unworkable rule will only harm the smaller investors it claims to protect.»

• The Prohibited Transaction 84 - 24: The rule adds Impartial Conduct Standards to PTE 84 - 24, which include acting as a fiduciary, accept only «reasonable» compensation, and make no materially misleading statements.

Jack Bogle spoke to the Chairman about the need to apply the universal fiduciary standard to institutions (such as the mutual fund managers) and not only retail customers.

The Franklin, Templeton and Mutual Series Funds, Franklin / Templeton Distributors, Inc., Templeton / Franklin Investment Services, Inc., and Fiduciary Trust International of the South («FTIOS»), custodian for retirement plans, (together referred to as «we,» «our» and «us» throughout this notice) do not sell non-public personal information to anyone and only share it as described in this notice.

It requires advisors and agents to act as fiduciaries, make no misleading statements and accept only «reasonable» compensation.

Those standards require annuity sellers into retirement accounts to act as a fiduciary, make no misleading statements and accept only «reasonable» compensation.

When you work with a Fee - Only Financial Planner, the result is unbiased financial advice from a professional who is committed to acting as a fiduciary in a client - centered relationship.

U.S. District Judge Barbara M.G. Lynn stated the Coalition's motion should be granted because its proposed brief «provides a unique perspective» as the only filing party «representative of financial professionals in the United States already operating under a fiduciary standard.»

He urges us to «recognize belief once more as the source of all knowledge» and insists that scientific research is carried on only within «a fiduciary framework».

As fiduciaries, the Comptroller and fellow Trustees are able to consider divestment only when an analysis finds that the move would add minimal to no risk to the pension funds.

We believe the Avigen Board is not only willing to sacrifice and squander shareholder money but, in the process, its members are making a mockery of their obligations to fulfill their fiduciary duties as directors of the Company.

Legal list: A list of investments compiled by a state government as the only investments acceptable for certain institutions or fiduciaries.

As a fee - only firm, we are fiduciaries to our clients.

Yes, but only for distributions from certain retirement accounts with Fiduciary Trust International of the South (FTIOS) as the custodian.

They tend to rate fiduciary matters as lower in importance (only 33 % «very important» vs. 56 %).

This way, as plan sponsors discharge their fiduciary duties to not only select but monitor those investments over time, they can understand the process and help translate it back to 401 (k) or other plan participants.

They recommend that investors hire independent, fee - only advisors who will act as fiduciaries to their clients.

SIPA's detailed search on the CSA website discovered there are only 4,076 persons in all of Canada registered in the categories where a true fiduciary, professional responsibility is legally required to be delivered to you as the investor.

In some provinces, the law requires that a fiduciary, such as a trustee, may invest funds only in a list of securities designated by the province or the federal government.

As a trusted fiduciary and fee - only financial planning firm, we work passionately to help families manage and preserve their assets.

The DOL only says that fiduciaries should exercise a prudent process when selecting investments «so as to minimize the risk of large losses.»

But, as you'll discover, even a fee - only fiduciary can give terrible advice.

We should view the Academies as holding a professional duty to the public, a fiduciary duty, to endorse scientific claims only after thorough, published review.

The Uniform Act as drafted would apply only to fiduciaries whose appointments arise after the Act comes into force in the applicable state or from court proceedings begun after that date.

In court, his practice covers not only the general range of commercial disputes embraced in his arbitration practice but in addition he has appeared as Counsel in a number of fraud actions involving recovery of stolen property, Ponzi schemes, resolution of disputes between shareholders / joint venturers, breach of fiduciary duty, tortious conspiracy, professional negligence, structured financial products including Islamic finance.

«As one of the only financial firms advocating for working families and retirees by supporting the Fiduciary Rule, Personal Capital applauds this courageous ruling.»

This application of the principle of fiduciary relationship only at the time of negotiating premarital or separation agreements creates, as noted above, a dual system of obligations, one during the marriage, and one outside the marriage.

A breach of fiduciary duty not only gives rise to a tort, it gives rise to special damages and remedies that are unique to fiduciary cases apart from common economic loss damages, such as disgorgement of ill - gotten gains or a constructive trust.

A judge may serve as the executor, administrator, trustee, guardian, or other fiduciary only for the estate, trust, or person of a member of the judge's family as defined in Canon 4D (4).

As a fee - only advisor, I have taken a fiduciary oath.

The American Association for Long - Term Care Insurance and the Association's 1035 consumer guide and all information on these pages is provided for overview and informational purposes only and is not intended as tax, legal, fiduciary or investment advice.

You sound like Obama, self - proclaimed head of the world order don't» cha know, worried about other countries» interests to the exclusion of his own country's, the next wannabe United Nations Secretary General, pontificating from Mount Olympus, instead of a Realtor who knows that he has only one purpose as a Realtor, and that one purpose is to defend his client's fiduciary interests 100 % of the time, no matter what.

# 5 - Statistics and Market Trends that are released by MLS Associations or any non-profit serving them, have a legal requirement to protect Buyers as a fiduciary duty and not Sellers ONLY.

That disclaimer as far as I am concerned is not only too vague concerning the extent of the restrictions on fiduciary duty, it opposes the very notion of same and I would argue that most clients do not fully understand this even when explained.

Reiser, Inc. v. Roberts Real Estate (292 A.D. 2d 726)-- claims that broker breached listing agreement based on extrinsic evidence can not survive the explicit language of the listing agreement granting to broker «full discretion to determine the appropriate marking approach» for the listed properties; broker establishes its entitlement to commission under the listing agreements by introducing uncontroverted evidence that three properties sold as a result of broker's efforts while the listing agreements where in effect; owner's claims of breach of fiduciary duty fail where owner, builder / developer, did not list all of its properties with broker as broker's duty is limited to protecting its principal's interest only with respect to properties which have been listed with the broker; broker's duty to refrain from taking action adverse to its principal's interests is necessarily tied to the transaction that formed the agency relationship; owner's claim of fraud in the inducement under one of two listing agreements survives motion for summary judgment

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.