A Call For A New Standard For Financial Advisors.

A higher standrad for today.

Over the last 10 years, there has certainly been a revolution among 401(k) financial advisors about the need and concern of good fiduciary practices for plan sponsors. The days of 401(k) financial advisors never showing up to meet the plan fiduciaries and collecting a quarterly fee are over. Advisors have to help a plan sponsor develop a fiduciary process in effectively managing their plan and that goes a long way in minimizing their plan sponsor's liability....