- Best Practices
- Fiduciary September
- Campaign for Investors
Mary A. Malgoire
Mary A. Malgoire is Founder of The Family Firm Inc., a fee-only financial advisory firm in Bethesda, Maryland. The firm has been providing comprehensive, on-going financial advisory services to clients since 1982.
Ms. Malgoire is past President and Chairman of the Board of the National Association of Personal Financial Advisors (NAPFA). She completed a second term on NAPFA’s national board in 2013. In the 1990s Ms. Malgoire served as legislative representative for NAPFA and in that capacity also participated on the North American Securities Administrators Association’s (NASAA) Financial Planner/Investment Advisor Committee.
As a regulatory representative, she provided testimony to the United States House of Representatives as well as to the Maryland State legislature on proposed legislation to regulate financial planners.
Ms. Malgoire received a Bachelor’s degree in 1972 from UCLA, a Master’s in Business Administration (MBA) degree from the University of Santa Clara in 1981, and the Certified Financial Planner (CFP) credential in 1984. A native of California, Mary has lived in the Metro DC area since 1982.
NAPFA awarded Mary its Ten Year Distinguished Service Award in 1993. While Mary has been named by several publications as one of the nation’s top financial advisors, she is most proud of her on-going efforts to achieve a meaningful fiduciary standard, one upon which investors can rely to secure their financial future.
In July 2016, Ms. Malgoire spoke to Jill Schlesinger CFP®, the host of nationally syndicated radio show, Jill on Money. Mary spoke eloquently on the Institute’s Campaign for Investors “fee-only” advice and the fiduciary standard. Jill calls Mary, “The Super Woman of Fee-Only and Fiduciary.” Listen to this great interview below.
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