Structured settlement planning conflict of interests, is the planner a fiduciary?

In this edition of The Settlement Channel, host Mark Wahlstrom looks at the issue of compensation disclosure, compliance and what standard the planner is bound by who is offering your client a structured settlement, or settlement plan.

Too often structured settlements are put forward with out a clear indication of who is being paid and who the agent or broker is working for. Further, in settlement plans using alternative or managed accounts, many RIA's, while bound by a fiduciary standard are also selling commissioned product under another standard.

Perfectly legal but is it the best way to do business? Visit Wahlstrom & Associates to learn more.

Posted on March 14, 2018 .