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National Fiduciary Day Declared

Financial Advisor
March 17, 2017

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There seems to be a day set aside to celebrate almost everything including puppies, Melba Toast and black cows (also known as root beer floats). Now there is a National Fiduciary Day—on March 23, says Fi360.

Fi360, which provides education for financial advisors and issues the Accredited Investment Fiduciary designation upon the completion of a course of study, declared the day as a way to spotlight the importance for advisors to be fiduciaries that put the best interests of their clients first.

The Department of Labor fiduciary rule, which was supposed to go into effect in April but has now been put on hold by the Trump administration, has focused increased attention on the duties of financial advisors,

“While the fate of the DOL fiduciary rule is uncertain, most firms are following through on their commitment to serve clients’ best interests by implementing strong fiduciary practices,” Fi360 said in a statement.  Read More.

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