Don Trone: How to Build and Maintain a Robo-FiduciarySM

3ethos CEO Don Trone published an article for Napa-net.org on the how financial advisors can incorporate technology to provide a fiduciary level in robo-advisors.

This year marks the 10th anniversary of the launch of the first robo-advisors. However, the concept of using technology to deliver a prudently diversified portfolio based on an investor’s risk/ return profile dates back more than 25 years. In the mid-1990s, Charles Schwab was developing a kiosk-based platform to deliver cost-effective investment solutions that met a fiduciary standard of care.

A PDF of the full article is linked here.

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#dontrone #behavioralgovernance #roboadvisors #stewardship #leadership #bgsadvisors #fiduciary

Don Trone: Don't Be Fixated on the Wrong Target

3ethos CEO Don Trone published an article for Napa-net.org on the issues related to a fiduciary standard of care and threats to advisors.

Many organizations are suffering from target fixation. This is a military term to describe a situation where a pilot becomes so absorbed in hitting the target that they lose track of their heading and altitude and actually crash into their objective.

The full article is linked here.

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#dontrone #behavioralgovernance #bgsadvisors #fiduciary