Apr 8, 2025
In Episode #28 of NAPFA Nation, host Marie Swift speaks with Knut A Rostad, MBA, President at The Institute for the Fiduciary Standard.
Rostad discusses why he believes the fiduciary standard is dying at the SEC and what fee-only fiduciary advisors can do to protect it, a topic he explored in his NAPFA article: The Fiduciary Best Interest Standard is Dying at the SEC – Fee-Only Fiduciary Advisers Can Act to Preserve it. He underscores the importance of understanding the history of fee-only financial advisory and investment management and how NAPFA members uphold the fiduciary standard. He also shares why he is looking forward to the 2025 NAPFA Spring Conference, happening on May 7-10, 2025, in Phoenix, and more great insights.
In a nutshell:
- The dwindling fiduciary standard at the SEC: its implications for fee-only financial advisory and investment management, and how to address the problem
- The importance of understanding the history of fee-only financial advisory
- Why upholding the fiduciary standard is imperative, and NAPFA’s role in supporting it
- The 2025 NAPFA Spring Conference: why he is attending and what there is to look forward to
Special Note: In 2023, we rebranded the NAPFA podcast with a new album cover and series title: NAPFA Nation. We are shifting our monthly episodes to bring you inspiring conversations and key insights from leaders in the Fee-Only financial planning profession. Marie Swift, Founder and CEO of Impact Communications, will continue on as host, interviewing a variety of NAPFA members and professionals. You will still be able to find on this channel the 32 Mindset Mastery episodes with respected fiduciary financial planners and allied advocates who are committed to accomplishing great things as they master their own mindset and continue to serve their clients in the best ways possible.
Brought to you by NAPFA - the National Association of Personal Financial Advisors - the country’s leading professional association of Fee-Only financial advisors. Learn more about NAPFA at www.NAPFA.org.