You deserve a fiduciary standard of care

Marotta, David John
December 2010
Hudson Valley Business Journal;12/20/2010, Vol. 21 Issue 50, p9
In this article, the author offers information on the distinction between fee-only fiduciaries and commissioned-based agents and brokers in the U.S. It states that fee-only fiduciaries act as agents for investors, while the agent or broker is an employee. Don Trone, founder and executive director of the Foundation for Fiduciary Studies, notes that fiduciary relationship requires consultative rather than sales approach to working with clients.


Related Articles

  • Uniform Prudent Investor Act: An Interview with Don Trone. Thompson, Duane R. // Journal of Financial Planning;Dec1996, Vol. 9 Issue 6, p50 

    The article presents highlights of an interview with Don Trone, one of the U.S. leading experts on the new investment standard. On answering the question that what was motivating the states to adopt the new investing standard and why was the old "Prudent Man Rule" being discarded so readily, he...

  • What is your Fiduciary IQ? Risk Management. Schirick, Edward A. // Camping Magazine;Mar/Apr2006, Vol. 79 Issue 2, p1 

    Presents information on fiduciary duties. Definitions of fiduciary; Professions that have fiduciary duties including insurance agents, brokers, trustees of organizations and guardians; Role of the Employee Retirement Income Security Act of 1974 in defining the duties and responsibilities of...

  • Who will make decisions and manage the business if you aren't able? Meyers, Susan Gell // Grand Rapids Business Journal;4/18/2011, Vol. 29 Issue 16, p7 

    In this article the author discusses the importance of naming a fiduciary who will make decisions for and manage one's business in case of incapacity or death.

  • Conflict: part of life, part of business. Zammit, Paul // Money Management;8/26/2004, Vol. 18 Issue 31, p20 

    Discusses the provision of the new subsection of the Clerp 9 amendment, the conflicts amendments, which attempts to codify the existing common law principal of fiduciary duties. Overview about fiduciary relationship; Essence of the amendments to the financial planning services; "Licensing:...

  • Be Prepared for New Fiduciary Standards. Denavit, Charise // Journal of Financial Planning;Sep/Oct2010 Practice Management, p28 

    The article reviews the book "Fiduciary Ethos," FPA Edition, by Don Trone.

  • Litmus Test. Clark, Bob // Financial Planning;Apr2004, Vol. 34 Issue 4, p35 

    Analyzes the issues concerning fiduciary responsibility, which the U.S. government plans to impose on financial planners, in 2004. Efforts of Don Trone, founder of the Center for Fiduciary Studies, to inform the financial services industry regarding fiduciary responsibility; Impact of not...

  • Note From The Editor. Lipp, Susan R. // Trusts & Estates;May2015, Vol. 154 Issue 5, p2 

    An introduction is presented in which the editor discusses several reports published within the periodical on topics including fiduciary responsibility, trends and developments in fiduciary law in the U.S., and trust administration in the digital age.

  • MELTDOWN PUSHES More Fiduciary Duties ON BROKERS. Negroni, Andrea Lee; Klimkiewicz, Melissa; Pham, Caroline D. // Mortgage Banking;Oct2010, Vol. 71 Issue 1, p108 

    The article discusses the legal aspect of the issue if mortgage brokers have a fiduciary duty to borrowers in the U.S. It states that discussion of the theories and principles of fiduciary duty and the relationship between principals and agents are based on the article "Mortgage Brokers--What...

  • NAIFA Reaffirms Disclosure Policy. Panneton, Ron // Advisor Today;Jan2005, Vol. 100 Issue 1, p30 

    The article provides information on National Association of Insurance and Financial Advisors's (NAIFA) decision to reveal to consumers the full costs of the life insurance products. NAIFA's board of trustees reexamined the association's current policy, which was precipitated by the fast-moving...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics