Tag Archives: fiduciary

Audited Performance? Most TAMPs aren’t!

audit image 2Did you know?

  • The Buy/Hold Plus performance figures are the returns actually experienced by our clients AFTER ALL FEES.
  • Check your Performance Statements from your current managed account program.  Most TFS used Managed Account Programs have unaudited, before fees, non-client correlated performance.
  • Much time, effort and expense is spent to have our performance audited.
  • The Buy/Hold Plus 2015 Independent Accountant’s Report ending 2015 can now be found on our website.

Is Your Managed Account Performance Audited?  Most are not.                                                         What are you portraying to your clients?


The full-service fiduciary

Regulation is sweeping the industry worldwide and will change the way insurance agents and financial advisors conduct business in the future.

full_service-resize-380x300In 2010, the passage of the Dodd-Frank Act in the United States required a uniform fiduciary standard covering both stockbrokers and financial advisors when providing personalized financial advice. Recently, the Australian legislature imposed a fiduciary duty to act in customers’ best interest applying to all retail products, including superannuation and investment products. In the Netherlands and U.K., they are banning commissions and moving to a fee-for-advice model.

Registered Investment Advisors have both a suitability requirement and a fiduciary duty. They are regulated by the SEC and are normally paid through a percentage of assets under management or on an hourly basis.

Let’s take a look at the definition of a financial advisor, according to Annuity Digest:
Continue reading