The meaning of ‘fiduciary’ is suddenly up for grabs
Trust is a five-syllable word. That word is fiduciary. As investors discuss "gates" in hedge funds and losses in portfolios, the term "in a client's best interests" is open to debate.
Other Views: Straight talk is a two-way street
The Institute for Private Investors recently conducted a survey of both investors and advisers. The results reminded me…
Look in the mirror, advisers and investors
While CNBC pundits were debating whether we were in a correction or a bear market, the crash took…
SOMETHING ELSE INVESTORS NEED TO KNOW: A FUND’S TAX-EFFICIENCY RATIO
When comparing one money manager’s track record with another’s, investors are still kept in the dark about tax…