How can this be? How can I, a very vocal advocate of the universal fiduciary standard, endorse for president the candidate least likely to actually see such a reality come to fruition? Here's my dilemma.
In the past three years, I've written more than 300 articles on the subject, published a book on it and spoken at various conferences across the country on the matter of fiduciary duty. I take it very seriously. Lest you don't think that fact present enough credibility, I also feed my family based on providing fiduciary services to both 401(k) plans and individuals. So I have some skin in the game when it comes to promoting the fiduciary standard: I practice what I preach.
Clearly, as recent stories suggest, it is the Obama administration that is most likely position to follow through with the work of the SEC and DOL regarding their fiduciary policies. There's no question these policies both increase readership interest in my writing (and helps me sell more books) as well as helps me promote my business. So, naturally, why wouldn't I endorse the re-election of Obama?
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