Unsung Heroes in the Rise of a Fiduciary Standard

Bob Clark

I’ve written many times over the years about how Ron Roge and other members of the NAPFA board virtually singlehandedly drove fee compensation for advisors to the widespread acceptance it enjoys today. Largely through the efforts in the 1990s of Ron, who became head of NAPFA’s media relations committee due to the proximity of his Long Island practice to New York City, they doggedly lobbied the mainstream media into seeing fees as a more client-centered way to structure an advisory relationship.

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