RIA firms must satisfy additional fiduciary standards of care and client protection.
Registered Investment Advisors are subject to fiduciary standards for suitable recommendations.
The act changed the economy to a fiduciary standard based on a fiat currency called United States Notes, or more popularly called greenbacks.
In a letter to Calvert, the Department of Labor stated that it believes sustainable and responsible investment options are not inconsistent with fiduciary standards.
Since the financial crisis in 2008, there has been great debate regarding the fiduciary standard and to which advisors it should apply.
The ruling requires insurance companies to meet the strict fiduciary standards of the Federal pension law for funds over which they have discretion.
Section 913 of the Dodd-Frank Act mandated that the SEC study whether a uniform fiduciary standard should be applied to brokers and investment advisers.
Investment brokers serving non-institutional clients or customers, who are not RIAs, are generally not held to a fiduciary standard of care.
She worked to change the corporate culture for Smith Barney's financial advisors as an early advocate of a fiduciary standard for the brokerage industry.
I keep my word, and strive to maintain the highest fiduciary standards.