Michael Zeuner Comments to Financial Planning Magazine on the Best Practices Affirmation Program

May 8, 2017

Amid uncertainty about the future of the Department of Labor’s fiduciary rule, WE Family Offices, along with many other fiduciary advisors, announced its support of the Best Practices Affirmation Program. The program was recently launched by the Institute for the Fiduciary Standard and enables investors to search for advisors who have committed to providing advice free from hidden fees or conflicted interests. WE Family Offices Managing Partner Michael Zeuner recently commented to Financial Planning Magazine on the reasons firms are demonstrating their commitment to putting clients first.

“Whatever happens in Washington, this is about doing the right thing for investors,” says Zeuner, who is also a board member at the Institute for the Fiduciary Standard. “We think that will stand the test of time.”

The Department of Labor’s Fiduciary Rule would provide much-needed protection for investors. However, with the change in administration, the law is facing an uncertain future.

The full Financial Planning article is available here, and more information about the Best Practices Affirmation Program is available here.