A coalition of fiduciary advocates has unveiled a set of best practices for advisors that they envision could eventually become an industry certification, providing consumers with an easily recognizable designation that a financial professional is bound to act in their best interest.
Source: http://www.financial-planning.com/news/regulatory_compliance/new-best-practices-aim-to-codify-advisors-fiduciary-duty-2691821-1.html
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