Markets Need a Single, Official Definition of “Fiduciary”

November 7, 2017 | David Trainer | WealthManagement.com

Regulators need to put forward a unified definition of fiduciary duty so that investors and advisors can have a fully informed debate on the matter.

What is a fiduciary?

Investors, advisors, and regulators have spent years arguing over who should be classified as a fiduciary, but few ask what that fiduciary status means. Everyone seems to assume that there is an official and commonly understood definition. In reality, there are several fuzzy and sometimes contradictory definitions of the term applied by different people and organizations.

Read Full Article Here

Recent

Leitbox Storage Partners LLC Thrives with Notable Pension Fund Investments

November 30, 2023

Leitbox's innovative market approach, which encompasses a diverse array of strategies including development, mixed-use development, conversions, and strategic value-add acquisitions, has markedly enhanced its standing and appeal within the sector.

ExchangeRight’s Essential Income REIT Now Tracked by Blue Vault

November 16, 2023

Warren Thomas, a managing partner at ExchangeRight, shared that this reporting relationship will help educate advisors about the Essential Income REIT's successful performance to date, broadening its reach to more investors who need the kind of stable income that the REIT has historically generated.

Ashford Hospitality Trust Hopes To Hand Back Keys to 19 Hotels in Its Portfolio by Year’s End

November 13, 2023

The Dallas-based REIT has been working for months to hand back the keys of 19 hotels tied to three loans that matured in June in which the trust opted not to pay the $255 million required to extend those loans.

NexPoint Real Estate Finance, Inc. Launches $400 Million Continuous Offering of 9.0% Series B Cumulative Redeemable Preferred Stock

November 13, 2023

The Series B Preferred Stock is being offered by NexPoint Securities on a "reasonable best efforts" basis. There is no public market for the Series B Preferred Stock and the Company does not intend to apply for a listing of the Series B Preferred Stock on any national securities exchange.

Most Popular

Blue Vault Performance Reports Update 10-23-2023

October 23, 2023

Blue Vault has published the following Interval Fund and Tender Offer Fund individual performance reports...

Blue Vault Q2 2023 Performance Reports Update

October 3, 2023

Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…

Blue Vault Q2 2023 Performance Reports Update

September 25, 2023

Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…

Explore

Don’t miss alts news
and educational events
Subscribe Now