NAPFA Introduces New Fiduciary Standard for Financial Advisors
The National Association of Personal Financial Advisors (NAPFA) has launched a new fiduciary standard to enhance the quality, accountability, and transparency in fee-only financial planning. The framework outlines five core duties—Care, Loyalty, Compensation, Competence, and Engagement—for NAPFA-Registered Financial Advisors.
Topics: fee-only model fiduciary standards financial advisors