Fiduciary Voices: Virtual Press Conference

Several nationally recognized groups of fiduciary advisers on June 28, 2018, announced an initiative to urge RIAs (SEC and state registered investment advisers) to write the SEC (Securities Exchange Commission) and explain how independent financial advisers are different from brokers. The initiative launched as the SEC proposed rules related to standards for FINRA licensed brokers and SEC / state registered investment advisers.

The purpose of this virtual meeting (recorded live July 18, 2018) was to allow members of the press to hear directly from the groups involved. Delivering short prepared remarks before opening up the conference call to interested journalists for Q&A were executives and board members from the following organizations:

• MarketCounsel
• Financial Engines / Edelman Financial Services
• PagnatoKarp Family Wealth Advisors
• National Association of Personal Financial Advisors
• Garrett Planning Network
• XY Planning Network
• Alliance of Comprehensive Planners (ACP)
• The Committee for the Fiduciary Standard
• Institute for the Fiduciary Standard

Bob Clark, long-time journalist and financial advisor advocate, was slated to moderate, however, technical difficulties prevented him from delivering his own contextual statements. However, Knut Rostad was able to read Bob's comments for him.

Marie Swift and her team at Impact Communications provided technical assistance and Marie took over the moderator role in Bob's absence.

Questions or comments about this recording may be sent to [email protected].