Monday Morning Mojo

  On June 9th, 2017 – only four short days from today – is a day many believe will live in infamy. This Friday is the DOL Fiduciary Rule implementation day, and it is a day making headlines in the financial news – carrying a multitude of questions for advisors and financial firms alike.   How will the Fiduciary Rule evolve business practices? What impact will the rule have on our future and current relationships with clients? These are excellent questions many of us are asking, but perhaps this rule is not as earth-shattering as we seem to think.   This Monday Morning, we are taking a moment to explore the fundamental meaning of the word fiduciary. Once dissected and peeled back to its root, we find that to be a fiduciary is to be an individual who values trust and character. We must remind ourselves that to act as a fiduciary, you are simply required to act in the interest of another; and if you operate within a business that upholds a genuine client-centric model, you are already acting in this manner. Cete