How the Fiduciary Movement Became a Global Phenomenon
Sep 15, 2017
By Michael Kitces, MSFS, MTAX, CFP, CLU, ChFC
While the fiduciary debate has become heated in the U.S. in recent years, the movement to apply a fiduciary standard to financial advisors has been a global phenomenon for the past decade. U.S. proposals seem mild by comparison to many other countries, which have banned commissions altogether!