many financial planners exiting the business

Investment Strategy

Conflict of interestcarries the day

The president of Fidelity Worldwide Investments, Thomas Balk, says regulators’ moves to address perceived conflicts of interest between product manufacturers and distributors is good news for independent asset managers. Balk, a 14-year Fidelity veteran, started with the company’s German office, before running its European operations for five years. A six-year stint running Fidelity in Japan […]