How Can Trustees Be Prudently Passive?

It’s not enough to follow someone’s advice to invest in index funds. Actual passivity contradicts the trustee’s duty to act as a prudent fiduciary. Passive investment products are potentially as complex as any other, and prudence demands careful evaluation.
Read More

Trust and Fiduciary Services: Questions to Consider

Many firms don’t charge their clients for trustee, fiduciary, or planning services. In many cases, their clients get what they pay for.
Read More

Transparency: Do We Protest It Too Much?

Do some investment industry professionals protest simple transparency rules to the detriment of both themselves and their clients?
Read More

Absolute Value and Transparency

The investment business tends to attract competitive people who like to win, but if you really listen to what clients say, they consistently want goal-oriented advice that simplifies their lives and offers peace of mind about the financial future.
Read More

What’s In A Name?

Maybe in Romeo and Juliet, Shakespeare is telling us to not follow the emotions of the crowd or make decisions based on a brand or the perception of value.
Read More

Pavlov’s Brokers?

Classical conditioning explains a great deal of the way traders and brokers behave on Wall Street.
Read More