WE’s Michael Zeuner Quoted Among Industry Experts on Need for a Fiduciary Standard Best Practices
February 27, 2015
In an article published in Huffington Post Business, Michael Zeuner, WE’s managing partner and co-founder of The Fiduciary Institute, is cited among industry experts on the need for a fiduciary standard to protect investors’ best interests. The best practices were drafted by leading industry experts and are up for public and industry comment until March 9th.
The article delves into the recent proposal the Institute for the Fiduciary Standard put forth, outlining a set of best practices for investment advisers to serve as a guide for those seeking an adviser. “There’s too much noise and confusion and investors are potentially misled as a result. Irrespective of what happens in the regulatory space, investors need a clear way to know whether their interests are being put first in an advisory relationship,” stated Mr. Zeuner.
To read the full article, click here: http://www.huffingtonpost.com/april-rudin/a-new-roadmap-for-investo_b_6637244.html