Insights

Third Quarter 2000|Jim Williams| You may have noticed that a few weeks ago, USA Today proclaimed that the job of a financial planner was at the top of their list of desirable jobs. I agree, but for different reasons than they cited. Bob Veres, a wise and thoughtful commentator on the financial advisory profession, outlined what he thought financial advisors do for their clients and identified four areas of core value.

Second Quarter 2000|Jim Williams| Recently, the Certified Financial Planner Board of Standards proposed changes to the disclosure rules related to compensation which CFP Designees receive. The biggest change would be that CFP Designees (planners) who receive commissions, trail fees, etc. from third parties would have to disclose in detail the amounts they have received, are receiving and will receive. Why should the client know?