Do right, even when things get muddy
In my spare time, I enjoy training for and running obstacle course races.  These involve such challenges as crawling through mud, climbing over walls, and experiencing mild electric shocks.  Fun, right?  No, I’m serious, it is tremendous fun.  But to you, this may sound crazy, so you’ll choose not to participate.  That’s fine, it’s not for everyone.  This is a voluntary challenge, and I have chosen to subject myself to it. Similarly, we at Hilltop have accepted a challenge that many financial advisors eschew.  When we became a Registered Investment Advisor one year ago, we took on a burden known as the fiduciary legal standard.  This means that we must act in our clients’ best interests at all times, which is the rule for RIAs.  We strive for the fiduciary standard not because it’s fun, but because it’s the right thing to do.  However, the Department of Labor is on the verge of enacting a rule that would cha ...