CFPs

The door has closed for public comments on the board’s propositions. While some industry heavyweights commended them, critics call out contradictions.

Over 75,000 advisors in the U.S. will be affected by what is expected to be the most significant version of CFP standards to date.

New standards for advisors cover digital advice, third-party relationships and expand fiduciary duty obligations.

In addition to redesigning its business lines, the $48 billion firm is considering a robo, the president of its broker-dealer said.

A new toolkit is being offered to students before the next test sitting in November.

Expanding the fiduciary role of CFPs is a good thing — but the fine print is worth sweating.

Some predict the new standards will push more planners to drop their CFPs.

Clients are advised to put their savings in accounts with differing tax treatments to better manage the burden in decumulation.

Independent advisers are poised to benefit from implementation of the DoL ruling.

Does holding a CFP, ChFC or CFA correlate to better client service? At last, hard evidence shows that clients do better with designated planners.