George Kinder's Vision for a New Fiduciary Standard in Financial Advisory
Monday, 29 July 2024, 20:58
George Kinder's New Fiduciary Standard
In his new book, George Kinder asserts the need for a broader fiduciary duty, aiming to extend this responsibility to all financial institutions. This proposal outlines how advisors can align their practices with the interests of their clients, fostering trust and transparency in financial advising.
Key Points of the Fiduciary Standard
- Broader Fiduciary Duty: Kinder emphasizes that fiduciary responsibility should not be limited to certain professionals.
- The Role of Advisors: Advisors are central to realizing this vision by implementing ethical practices.
Conclusion
By advocating for an inclusive fiduciary standard, Kinder aims to reshape the industry, promoting client-centric practices that elevate the profession's integrity.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.