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Does NAPFA's new fiduciary definition clarify or muddy the water for clients?
Summary by Financial Planning
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What Advisors Owe their Clients: Fiduciary Responsibility, Facts, Integrity and Trust
The Warner Companies' Philip Snyder, CLU discusses what “fiduciary” means (and doesn’t mean) in the world of financial advice, and why consumers should focus on representation and integrity rather than labels. They discuss suitability as a process grounded in fact-finding—understanding…
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