Category: Fiduciary duty expert

Coronavirus, Toilet Paper, RepoVirus, Trustees and Fiduciary Duty; a BFD?

Taxonomically the sudden surge in demand for toilet paper is likely to bear similar hallmarks to the incipient spike in litigation claims for breach of fiduciary duty. These claims are likely to appear in: partner, business, employment and compensation disputes, family and charitable trust matters, ERISA pension and profit sharing, Taft-Hartley union, or multi-employer plans, […]

Successor Trustees’ RED Flag: Who will be left holding the bag? Hold off accepting any trustee or new board appointment until fiduciary expert due diligence checks out

The good tidings of the holidays and beginning of the 2019 new year bring with it fervent hopes for things to improve, get better and this: for switches in trustees and new board of directors appointments. Let me make this very important point right here: these all entail a personal and ultimately unavoidable fiduciary duty, […]

Brokerage or Trust Account not budgeting fees, commissions and expenses; a BFD?

A budget, like lane markers on a freeway is a basic tool to help provide guidance as to the amount or range estimate for a particular or group of expenses, fees, costs, or other cash outflows. Another way to state it, is a budget enables control of fees, costs and expenses. Yet another way to […]

Three Billboards, The Fed, Fiduciary Duty and Trustees

It’s Oscar night and Three Billboards Outside Ebbing, Missouri is one of the favorites of nine films nominated for Best Picture.  Three Billboards grossed about $123 Million, not too many folks including perhaps some Academy members have even seen the film which pundits say helps explain the complacency and continued drop in Oscar ratings due […]

Are you invested with a Financial Drug Dealer?

How can you tell?  They don’t or won’t talk about much less recommend low-cost passive index funds.  And they don’t or won’t talk about or own up to fiduciary responsibility verbally or in writing.  They may use esoteric terms (words to impress you, which they often fail to connect to your suitability and or implement) […]