- Best Practices
- Fiduciary September
- Campaign for Investors
Board of Advisors
John C. Bogle is the founder of The Vanguard Group, Inc., and President of Vanguard’s Bogle Financial Markets Research Center. He created Vanguard in 1974 and served as Chairman and Chief Executive Officer until 1996 and Senior Chairman until 2000. He had been associated with Wellington Management, a predecessor company, since 1951, and served as its CEO from 1965 to 1974. Bogle has written ten books; his most recent, The Clash of Cultures: Investment vs. Speculation, was published in August 2012.
Tamar Frankel is Professor of Law at Boston University. A leading expert of fiduciary law, finance law, corporate governance, mutual funds and the regulation of the financial system, she is the author of numerous books, including: Fiduciary Law (2010), Trust and Honesty, America’s Business Culture at a Crossroad (2006), Securitization (2006). Frankel has published more than 70 articles and book chapters.
Luis A. Aguilar served as a Commissioner at the U.S. Securities and Exchange Commission (SEC) from July 31, 2008 to December 31, 2015. Aguilar became the eighth longest-serving Commissioner in SEC history, and was one of only three Commissioners to have been nominated by two U.S. Presidents from two different political parties. He is a recognized leader in the nexus of corporate governance, cybersecurity, investor protection, and publicly traded companies. Currently, he is a partner in Falcon Cyber Investments, an equity investment vehicle focused on cybersecurity investments. Additionally, he has been active in numerous civic and business associations and currently serves on the Boards of Directors of Envestnet, Inc. (NYSE: ENV) and Donnelley Financial Solutions, Inc. (NYSE: DFIN). Prior to his SEC appointment, Aguilar was active in business and law and focused on issues related to corporate governance.
Phyllis C. Borzi is Assistant Secretary for Employee Benefits Security of the U.S. Department of Labor. Prior to serving as Assistant Secretary, Borzi was a research professor in the Department of Health Policy at George Washington University’s Medical Center’s School of Public Health and Health Services where she was involved in research and policy analysis. She was also of counsel to the Washington, D.C. law firm of O’Donoghue & O’Donoghue LLP, specializing in ERISA and other legal issues affecting employee benefit plans.
Dan Solin is the New York Times bestselling author of the Smartest series of investing books and The Smartest Sales Book You’ll Ever Read. He blogs regularly for The Huffington Post and Advisor Perspectives. Dan’s books have been enthusiastically endorsed by The New York Times, The Wall Street Journal, and Vanguard founder John Bogle. Kiplinger’s listed The Smartest Investment Book You’ll Ever Read on its top ten list of the best financial books ever written. A former securities attorney, Dan graduated from Johns Hopkins University and the University of Pennsylvania Law School. Dan is a sales coach to advisory firms throughout North America. He gives presentations to large groups, conducts workshops and engages in one-on-one coaching either in person or via teleconferencing platforms like Skype.
Dr. Woodrow W. Leake was Edwin Lawrence Professor of [Political and Ideological] Communication at the University of Vermont. After leaving academe, he served as Executive Director and CEO of both the Brain Injury Association of Georgia and the Institute of Industrial Engineers, not-for-profit professional associations, and as Vice President for the Benjamin Franklin Center of the Franklin Institute in Philadelphia, PA. Dr. Leake was actively involved in politics, both state-wide and local races. He was a strategic and tactical advisor to then-Governor Jimmy Carter for his second debate with President Gerald Ford. He moderated debates among contenders for the U. S. Senate and governor in two states. He also led campaigns for state races in the northeast, Georgia, and Florida. Dr. Leake is now retired and lives in Florida.
Michael E. Kitces is partner and Director of Research for Pinnacle Advisory Group, a private wealth management firm in Columbia, Maryland that oversees approximately $1 billion in client assets. He is the practitioner editor of the Journal of Financial Planning, and publisher of the e-newsletter The Kitces Report. He is also publisher of the popular financial planning industry blog Nerd’s Eye View through his website www.kitces.com, dedicated to advancing knowledge in financial planning. Michael is an active writer and editor across the industry and has been featured in publications including Financial Planning, the Journal of Financial Planning, Journal of Retirement Planning, Practical Tax Strategies, as well as The Wall Street Journal, BusinessWeek, CNBC PowerLunch, and NBC Nightly News.
James H. “Jamie” McLaughlin founded J. H. McLaughlin & Co., LLC, in 2010 – a strategy and practice management consulting firm serving the wealth management industry and family offices. Previously, he was CEO of Geller Family Office Services, the New York-based MFO. Before that he was a partner at three wealth management firms: Convergent Wealth Advisors where he built the firm’s New York office, Mellon where he was the regional president of Mellon Private Wealth Management’s New York region, and Sanford C. Bernstein & Co., Inc. where he began his career in the industry as a financial advisor in the Private Client Group.From 1981 to 1991 Mr. McLaughlin served in both the House and Senate of the Connecticut General Assembly. Mr. McLaughlin received his Bachelor’s degree in History from Lafayette College and his Master’s in Public Administration from Harvard’s Kennedy School.
Why an InstituteThe rationale for an Institute for the Fiduciary Standard is straightforward: The fiduciary standard is important, representing ideas central to our form of government and free market economy; it is under significant pressures from market forces that could sharply limit its reach; no other entity is solely focused on preserving and promoting the fiduciary standard. More...
The 6 Core Fiduciary Duties
- ‣ Serve the client’s best interest
- ‣ Act in utmost good faith
- ‣ Act prudently -- with the care, skill and judgment of a professional
- ‣ Avoid conflicts of interest
- ‣ Disclose all material facts
- ‣ Control investment expenses