Caveat Emptor
This is Part 4 of a six part series on choosing a 401k plan advisor? Wouldn’t a reasonable 401k plan sponsor be put at ease with...
Weighing In: There Will Be More Detroits!
50 years ago I was awarded a scholarship to pursue a Master’s Degree in Public Administration. Part of the program required an internship at a...
The Real Deal: ERISA 402(a) Named Fiduciary & ERISA 3(38) Investment Manager
This is Part 3 of a six part series on choosing a 401k plan advisor? Are we calling a spade, a spade? In writing, and...
Distinguishing True Independent Professional Advisors from Phantom Fiduciaries
This is Part 2 of a six part series on choosing a 401k plan advisor. While there are many independent professional advisors to whom a plan...
Weighing In: Don’t Believe the SEC’s Get Tough Policy
Mary Jo White, the SEC Chair said she will push more violators to trial and reduce the number of cases that are settled with defendants...
Why Do So Many Investors Select Bad Financial Advisors?
Bad financial advisors are dangerous because they are not necessarily bad people or criminals like Bernie Madoff. In fact, they could be nice people who...
Investor Bill of Rights 2 and 3
Our last post described the “Investor Bill of Rights” created by the North American Securities Administrators Association (NASAA). We recently posted the first “Right”. ...
Who Do You Trust More – Your Accountant or Your Financial Advisor?
There have been many articles that I have read and poll results I’ve seen through the years that place the accountant and/or CPA at the...
Weighing In: Wall Street Wins Again!
Citigroup received billions of dollars in public assistance for a problem it helped create. Now, according to Jonathan Weil at Bloomberg, see What’s Inside the...
Why Does Wall Street Fight Mandatory Disclosure for Financial Advisors?
Very few financial advisors have audited track records or quality ratings by objective third parties. And, there is limited public data that documents the quality...
