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- An Update to Reg D could be Opportunity for Advisors Willing to Take on Additional Due Diligence
- Tibble v. Edison: Why investment monitoring is as important as investment selection
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The ultimate decision of the Supreme Court in this ERISA fee litigation case will have a lasting impact on how we understand the fiduciary duty to monitor. In this guest post from AIFA designee Roger Levy, read why fi360's Prudent Practices say the standard for monitoring an investment is as stringent as the standard used to select an investment.
Posted by Norman M Boone, MBA, CFP® on February 24, 2015 in Fiduciary ExcellenceThere is no one right way to write an IPS. There is no prescribed set of topics that need to be included. The length of an IPS can be whatever is right for the advisor and the client. For that reason, the appropriate length of an IPS rests with what needs to be said and how detailed the discussion of the selected topics need to be. THE "FOR DUMMIES” version OR just the facts? For example, if you want to include "Risk Tolerance" as a topic in your IPS, your entire discussion of that might just...