Fiduciary Duty
No one is talking about the facts surrounding fiduciary duty. David Kinder believes that the narratives being shared from both pro-fiduciary and anti-fiduciary lobbying efforts do NOT serve the insurance and financial services community, let alone the consumer. This is regardless of insurance-only licensing, broker/dealer licensing, RIA-only, or any combination of licensing. Regardless of holding CFP designation, representing yourself as a “Fee-only” CFP, or Fee-based. This confusion does not serve anybody.
This Is Not About Your Heart, Your Intentions, Or Your Competence.
He believes that most professionals who pursue and earn industry designations and belong to industry associations are looking to serve their clients in the best ways possible while also doing well for themselves. This is about understanding the fiduciary standards as they apply (or not) and what they mean. Download the entire white paper for an in depth review of Fiduciary Duty.
Author: David Kinder, RFC®, ChfC®, CLU®
