Forbes.com – Investors Misled By Brokers Masquerading As Fiduciaries

August 13, 2010 · by · in Uncategorized

Link: Forbes.com – Investors Misled By Brokers Masquerading As Fiduciaries

Folks who are CFA charterholders are not necessarily abiding by a fiduciary standard in their professional roles.  If folks see the CFA(tm) mark, they may be (incorrectly) assuming a higher level of standard than actually applies – often the soft “suitability” standard that brokers and salespeople are held to.