Money Management

Brokers still trying to duck fiduciary duty

By |2018-12-20T20:25:05-08:00February 11th, 2017|Brokers, Fee Transparency, Fiduciary Duty Standards, Financial Institutions, Investment Advisor Rules, Money Management, TIA|

By Dr. Jonathan Tiemann, February 11, 2017 On Friday, February 3, 2017, a group of business leaders convened at the White House with the President, members of his family, and his ever-watchful Vice President, presumably to lobby for policies conducive to the profitability of their businesses. The financial markets advanced, as though relieved that the President had chosen to take [...]

Finally, DOL requires Advisors to put client interests first

By |2018-12-20T20:30:17-08:00February 29th, 2016|Brokers, Business News, Fiduciary Duty Standards, Financial Health, Investment Advisor Rules, Money Management, Securities & Exchange Commission, TIA|

Today, I'm calling on the Department of Labor to update the rules and requirements that retirement advisors put the best interests of their clients above their own financial interests. It's a very simple principle: You want to give financial advice, you've got to put your client's interests first.           – President Barack Obama, February 23, 2015   We are thrilled [...]

A Stock Pickers’ Market?

By |2018-12-20T20:35:24-08:00April 24th, 2015|Analysts, Financial Institutions, Money Management, TIA|

By Dr. Jonathan Tiemann Pity the poor hedge fund manager. The lead item in one of the many daily “news” emails I received today — this one from Chief Investment Officer magazine — reads, “Don’t Blame the Hedge Fund Managers.” [1] The burden of the item is that it isn’t the funds’ managers’ fault that they performed so badly during [...]