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  • Writer's pictureAdmin
    • Jul 1, 2019
    • 1 min read

Forbes: The Day Fiduciary Died


Robert Schmansky, L5 wrote at Forbes about how different types of advisors are now marketing themselves as fiduciaries, despite having far fewer requirements than independent fiduciary advisors.


"The fiduciary movement sparked by independent financial advisors over the last few decades, popularized more recently by regulators, consumer advocates, and financial experts of all sorts, will be with us for a while yet, but in a way it passed away just last Tuesday."



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