The Certified Financial Planner Board of Standards has released three new guides to help certified financial planners uphold professional ethics in their practices. The guides cover topics such as satisfying the duty of care when providing financial advice, the seven-step financial planning process and managing material conflicts of interest.
Each guide breaks down specific elements of the group’s Code and Standards and how a CFP can meet their duties.
The three are: The Guide to Satisfying the Duty of Care When Providing Financial Advice That Does Not Require Financial Planning; The Guide to the 7-Step Financial Planning Process: A Case Study Illustration for Solo Practitioners; and The Guide to Managing Material Conflicts of Interest.
The latest updates to its recordkeeping platform, including a solution originally developed for one large 20,000-advisor client, take aim at the small to medium-sized business space.
Crypto investor argues the federal agency's probe, upheld by a federal appeals court, would "strip millions of Americans of meaningful privacy protections."
Meanwhile in Chicago, the wirehouse also lost another $454 million team as a group of defectors moved to Wells Fargo.
The broker-dealer giant's latest acquisition agreement extends its push towards offering enhanced financial planning and investment management.
Resilient market will be led by companies that don't shy away from deals.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
