Tag: Fiduciary duty

Financial Firefighting: part of the solution to “the banking crisis” may be a four letter word: AOCI

[Note: the entertainment segment of this post is at the end for 13-3 = 10 fans. All the usual disclaimers apply. This post is based upon what’s been reported in public but it seems to me that better communication from certain parties could and should have prevented that which happened to Silicon Valley Bank (SVB) […]

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 […]

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) […]

Legalized Pot, Marijuana Stocks and Trust Fiduciary Account Implications

Ever since medical marijuana and recently recreational pot became legal in two states, marijuana stocks are popping up to serve new customers, create sales and profits.  It’s estimated over 94 million people in the US have tried pot at least once including Presidents Obama and Clinton.   This post goes from farm to fiduciary. The Seattle […]