A majority of brokers and advisers support and understand key elements of the fiduciary standard, a survey of nearly 900 professionals by SEI Investments found. Eighty-six percent of advisers and 53% of brokers agree with the statement that, “All financial professionals who give investment and financial advice should be required to meet the fiduciary standard.”

Only 19% of brokers said they were undecided, and 27% disagreed with the standard.

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