Tag: Fiduciary

Quick Note: Two Things

“Advisers at Leading Discount Brokers Win Bonuses to Push Higher-Priced Products: At Fidelity, Schwab and TD Ameritrade, employees win extra pay and other incentives to put clients in products that are more lucrative for them, and the firm.”  The headline above appeared in yesterday’s Wall Street Journal. Fidelity, Schwab, TD Ameritrade, Merrill Lynch, Edward Jones, and many of the household names… Read more →

Our Investments Have Grown Faster Than Inflation!

We’re gaining on inflation! Two months into third quarter of 2017 our investors’ portfolios have gained 2.30%. The annualized return for our investors during the past 5 years has been +5.29%. Inflation during the past 5 years has averaged 1.25%. Thus, our investors’ portfolios, generally have returned more than 4 times the rate of inflation. Note: The calculation used to… Read more →

News About Fiduciaries and Social Security

Last week the U.S. House of Representatives passed legislation to block the Department of Labor from implementing a fiduciary standard for retirement advisers. The proposed fiduciary standard has been supported by consumer advocates for quite a few years now, but has been opposed by some in the securities industry and the insurance industry. It would require that those who provide investment… Read more →