Raymond James Financial's Helck supports fiduciary standard

07/12/2013 | InvestmentNews (free registration)

SIFMA Chairman Chet Helck spoke in favor of the idea of a fiduciary standard at a conference Thursday. "In the most basic form, working for your client as a professional, you work to achieve the objective of the client and put their interest ahead of all others," said Helck, who is also CEO of the private client group at Raymond James Financial. "That's a fiduciary standard, and that's a principle more than it is a tactic. It's a principle that drives the tactic." Learn more at SIFMA's Fiduciary Standard Resource Center.

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