This article on Yahoo Finance emphasizes the growing importance of fiduciary standards in financial advising–something that Kinder Institute believes is essential for every advisor’s practice. It highlights that advisors who adhere to fiduciary duties—legally obligated to act in their clients’ best interests—are more likely to build trust and provide unbiased advice. The piece also discusses recent regulatory developments, such as the Department of Labor’s Retirement Security Rule, which aims to expand fiduciary responsibilities to more financial professionals, ensuring greater protection for investors.
