During a routine webinar this week discussing its operations, CFP Board CEO Kevin Keller read aloud a question from a CFP, who asked, "Has the CFP board put the fee-only controversy behind it?"

"I don't know whether we have put it behind us or not," CFP Board Chairman Ray Ferrara answered, adding: "I think sometimes the profession is concerned about the wrong f-word. We really shouldn't be talking about fees, we should be talking about fiduciary. … If you are talking about fees with all the proper disclosures, then compensation is really not an issue."

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access