Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Loan & Distribution Specialist AimPoint Pension
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Compass
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Bates & Company, Inc.
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AimPoint Pension
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Fiduciary Standard vs. Suitability Standard: The 'Gotcha' That Won't Go Away
The Prudent Investment Adviser Rules [Opinion] Jan. 9, 2017 "While there are those that try to confuse the issues with regard to fiduciary prudence and/or suitability, ... two simple questions help to clarify the issues for both financial/investment advisers and securities attorneys. [1] Is an investment that has consistently failed to produce a positive incremental return for an investor a prudent investment and/or suitable for any investor, given the opportunity costs it produces relative to comparable investment options? [2] Is an investment whose incremental costs have consistently exceeded the investment's incremental returns a prudent investment and/or suitable for any investor, given the financial losses it produces relative to comparable investment options?" |
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