About the Author
Knut A. Rostad
Knut Rostad is the founder and president of The Institute for the Fiduciary Standard and is the regulatory and compliance officer at Rembert Pendleton Jackson, a registered investment advisory firm in Falls Church, Va.
Previously, he served on the Financial Planning Association Government Relations Committee and “Best Practices” Task Force. The Best Practices Task Force was created by the Financial Planning Association (FPA), to identify the best practices for the financial planning profession under the new Certified Financial Planner (CFP) fiduciary standard.
Rostad earned a BA in Political Science at the University of Vermont and an MBA from the Norwegian School of Management. He is also an Accredited Investment Fiduciary (AIF) with the Center for Fiduciary Studies, Pittsburgh.
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By Knut A. Rostad |
May 21, 2010
The bill's absence of any regulation of brokers who act like advisors is stupefying.
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By Knut A. Rostad |
April 28, 2010
The fair dealing (suitability) standard withstood a full day of scrutiny under Congressional headlights. The incredulity of some subcommittee members seems to reflect a "Rand...
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By Knut A. Rostad |
March 18, 2010
The battle for the fiduciary standard in financial reform legislation took an unexpected turn a couple weeks ago. The National Association of Insurance and Financial...
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By Knut A. Rostad |
February 12, 2010
Would Wall Street firms and executives dedicate 1% of their bonus pool, annually, to rekindle a national saving ethic and restore investor confidence?
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By Knut A. Rostad |
January 20, 2010
As Wall Street banks announce their 2009 bonus plans, estimated by WSJ to be $145 billion, what better time is there to discuss whether Wall Street firms can win back the trust of investors?
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By Knut A. Rostad |
December 29, 2009
A snapshot of consumer attitudes right now is not a pretty picture and suggests there is a long road to travel before investor confidence returns.
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By Knut A. Rostad |
December 14, 2009
Passage of the financial reform legislation in the House is historic and important. It may also be, unfortunately, short-lived in the current, toxic partisan environment.
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By Knut A. Rostad |
November 24, 2009
Drucker would advise Wall Street to ask what retail brokers think. About being a fiduciary, brokers might "surprise" execs. Many would say "Bring it on!"
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By Knut A. Rostad |
November 3, 2009
You can never be too rich or too thin: Can we disclose ourselves out of obesity? Can disclosures replace fiduciary duty?
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By Knut A. Rostad |
October 16, 2009
As the rhetoric heats up over regulatory reform one is reminded how much political life has not changed all that much since Abraham Lincoln was quoted noting the following: "How many legs does a dog have if you call the tail a leg? Four..."