Indeed, when employed judiciously, the SMA consulting model fits hand in glove with the fiduciary relationship. For those who have been using SMAs with their clients, the extension to education about fiduciary relationships is a logical next step if it has not already been taken. For advisors who have anticipated the SEC ruling and who have already been talking about fiduciary relationships, the reversal offers them another opportunity to show the value they bring to their clients.

First « 1 2 3 » Next