Written by Carolina Wealth Management.
The Not So Uniform Fiduciary Standard
It is nice to see leaders like Brian Graff, CEO of the American Society of Pension Professionals and Actuaries (ASPPA), express what Carolina Wealth has always believed - "American investors should not be treated like children. Labeling all advisors “fiduciaries” even though they operate under different sets of rules will not magically make the existing misunderstandings go away. Instead, let’s tell investors clearly and honestly what is going on. Sometimes the simple approach is indeed the best one."
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The Not So Uniform Fiduciary Standard
