2019 CFP® Ethics Class Finally Closes Loopholes; Historic Progress For Profession

by agluck     October 20, 2018      0.0 (0) The progress of civilization is slow and always somehow surprising. So it is with the evolution of the financial planning profession. Six years ago, A4A reported on how CFP Board's standards of conduct opened gaping loopholes in the fiduciary standard. We examined scenarios" like the one shown below published by CFP Board to show the looph

The New Fiduciary Rules: Good Or Bad?
by SherylCPA     April 15, 2016      0.0 (0) I was happy to hear that the DOL finally approved the new fiduciary rules on investment advice for retirement plans. As an RIA, I’ve always been held to the fiduciary standard—to put the interests of clients first. It’s good to require that of all advisors.

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Annuities And The Fiduciary Rules
by SherylCPA     March 01, 2016      0.0 (0) I have often written about the “evils of annuities.” In my experience, I have seen annuities sold:   Within retirement accounts – There is no purpose to putting a high cost tax-deferred product into an account that is already tax-deferred. To elderly people – A variable annuity sold to an 80-year old

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CFP® Ethics Course Online Registration

by agluck     October 02, 2015      0.0 (0) CFP® ETHICS COURSE PURCHASE OPTIONS      EXISTING A4A MEMBER Add ethics to current membership $40     Unlimited CE 24/7 + ethics class $10 OFF ethics class $150 (See discount code at chec

Can Your Clients Trust Their 401(k) & IRA Investments?
by SherylCPA     May 20, 2015      0.0 (0) Registered Investment Advisors have long known about the potential for conflicts of interest when commission-based providers offer 401(k) and IRA investments. The Department of Labor has been trying to implement fiduciary requirements for years and seems ready to issue final regulations soon.  The courts are now getting involved also. This c

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