Social Media Ideas for Fiduciary Practice

Board of Directors: Fiduciary Duties and Balancing Risk, Reputation, and Long-Term Value

The fiduciary duties of the board of directors form the cornerstone of corporate governance in the United States and most common-law jurisdictions. These duties are primarily compr...

Breach of Fiduciary Duty: Real-World Examples Every Business Owner Should Know

Most Florida business owners do not discover a breach of fiduciary duty in a boardroom. They find it in a bank statement, a vendor invoice, or a competitor’s website that looks a g...

The Fiduciary Tsunami About to Hit Healthcare Plans

Why retirement plan advisors should care.

Education or Advice? How Retirement Plan Sponsors Can Boost Retirement Literacy While Avoiding ERISA Fiduciary Liability

Retirement and Business Succession Planning for Registered Investment Advisors

Many investment advisor firm owners spend decades building trusted client relationships but wait too long to develop a formal succession strategy. Planning what happens in case of...

Fiduciary Services: When Does Your Family Need Them?

This post may contain affiliate links. Read the full disclosure here. Unfamiliar with legal terms like power The post Fiduciary Services: When Does Your Family Need Them? appeared...

When clients hide money, advisors must walk fine lines

Advisors share the types of financial infidelity and secrecy they have seen in couples, and how they approached the money misbehavior.

Trust Administration as a Developmental System

Beneficiary engagement and self-determination theory

Trust exercises for accountants

Accountants are justly proud to be the economy's "most trusted advisor," but if you're doing just what you've always done, then that trust you've developed is at risk.

Accountant ordered to pay $211K for breaching client's trust

He was her trusted advisor. Then he asked her to lend him money.

What Is a Breach of Fiduciary Duty in a Florida Business?

A breach of fiduciary duty in a Florida business happens when someone who is legally obligated to put the company’s interests ahead of their own does the opposite, and the company...

Beware of fiduciary missteps when making 401(k) rollover recommendations

A new guide from the CFP Board is meant to help advisors through offering 401(k) rollover recommendations, which can be a tricky area for compliance.

How to Prove a Business Partner Breached Their Fiduciary Duty

When money goes missing, a co-owner starts a competing venture, or a partner cuts you out of decisions, the question is not just whether it feels wrong. The question is whether you...

The Trust Gap

Why clients don't follow through on estate planning.

BC court orders KPMG partner examined under oath despite confidentiality

A KPMG partner argued confidentiality. The court had other ideas.

How account titling and beneficiary designations can undermine a will

Account titling and beneficiary designations could contradict what clients write in their wills, undermining estate planning. Advisors can help keep these current.

When wealthy clients don't trust heirs with the money

Advisors have a role to play in facilitating the great wealth transfer, and some wealth owners are uncertain about whether heirs are ready.

People Moves: $34B Fiduciary Trust Hires Former Wilmington Trust CEO

Also, Farther and Dynasty add executives-in-residence, Arden Trust hires a president and Catalyst adds to its RIA distribution team.

Why SEI's 0.10% custody fee stands out from giant custody rivals

SEI may not be the first firm that comes to mind when thinking about the industry's custodians, but the firm has built a substantial client base of financial advisors over more tha...

Couples, Retirement Accounts, and Financial Infidelity

Is your spouse keeping financial secrets behind your back by removing funds from retirement accounts without your knowledge or approval? It may be possible, according to a new repo...

Is Breach of Fiduciary Duty a Crime or a Civil Claim?

A breach of fiduciary duty is a civil claim, not a crime. In Florida, it is a private cause of action that an injured party brings in civil court to recover money and other relief,...

Workers trust their employer's financial advisors, but most still doubt they can retire

NFP data shows an engagement gap is holding back retirement readiness despite high trust

Discretionary Gifting Authority in Durable Powers of Attorney

Make sure what you authorize is actually what you intend.

A Modern Bill of Rights for Financial Advisors

Self-evident truths that reinforce the values that could reshape an entire industry.