Fiduciary Duty

Considering that the industry is generally playing with other people’s money, should this old rhythmic verse by played over and over again?

It’s not enough to follow someone’s advice to invest in index funds. Actual passivity contradicts the trustee’s duty to act as a prudent fiduciary. Passive investment products are potentially as complex as any other, and prudence demands careful evaluation.

Many firms don’t charge their clients for trustee, fiduciary, or planning services. In many cases, their clients get what they pay for.

If you listen to what clients say, they consistently want goal-oriented advice that simplifies their lives and offers peace of mind.

What's in a name? Maybe more fees that you realize.

Does Pavlov explain a great deal of the way Wall Street works?