Personal Finance and Investing

Best_man23

(4,898 posts) Thu Oct 5, 2023, 04:26 PM Oct 2023

Anyone heard of The Foundation for Fiduciary Education

I received a flyer from this 501c organization called The Foundation for Fiduciary Education. They state their mission is to provide unbiased fiduciary financial education. I'm wary of these sorts of offers because for the most part, its some sort of lunch or dinner where they try to get you to move your investments over to their company.

Their website is: https://fiduciaryeducators.org/

They have in-person and webinar classes available. Having reviewed the website, I'm giving strong consideration to signing up for one or two of the webinars. Just looking to see if fellow DUers have heard about this group or possibly attended one of the in-person or webinar courses. I don't believe there is a cost associated with taking one of these courses.

Thanks in advance.

4 replies

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Anyone heard of The Foundation for Fiduciary Education (Original Post) Best_man23 Oct 2023 OP

Never heard of them, but they are a 501(c)3... A HERETIC I AM Oct 2023 #1

Why do you feel you need to learn this? bucolic_frolic Oct 2023 #2

Foundation for Fiduciary Education possible scam Ansden Nov 2023 #3

Thanks for the heads up Best_man23 Nov 2023 #4

A HERETIC I AM

(24,370 posts)

1. Never heard of them, but they are a 501(c)3...

Reply to Best_man23 (Original post)

Thu Oct 5, 2023, 06:07 PM

Oct 2023

So they don't have an interest in securing your portfolio.

Their "About" page says they're primarily educational, which is good.

They probably deserve a fair shake and a looking into if you think they offer something you can use.

https://fiduciaryeducators.org/about-us/

bucolic_frolic

(43,180 posts)

2. Why do you feel you need to learn this?

Reply to Best_man23 (Original post)

Thu Oct 5, 2023, 07:05 PM

Oct 2023

My own opinion, I think you need to go to your local library and search for investment education, fiduciary education. Buttonhole a research librarian and explain what you're trying to learn.

I believe fiduciary education is more for professionals in the investment business who manage money for clients, or sell investment advice or packages to consumers, or even are assistant level or above fund managers for like a bank, boutique wealth firm, or even a known mutual fund company. If you plan to take fiduciary level education, you need to know a lot about investing to start. Time value of money, types of investments, market theories, overall economy, business cycles, a little accounting. If they're trying to bring fiduciary down to ordinary people I would have to ask why. At some point they're not being philanthropic. They might try to sell you something.

Ansden

(1 post)

3. Foundation for Fiduciary Education possible scam

Reply to Best_man23 (Original post)

Tue Nov 21, 2023, 07:59 AM

Nov 2023

According to this site https://talkingrealmoney.com/talking-real-money/2022/11/23/risky-financial-education|
it's a scam. The "education" provided is selling insurance products. Securities America, the FEE custodian, has received several disciplinary alerts from Investor.com. https://investor.com/rias/securities-america-advisors-110518

Best_man23

(4,898 posts)

4. Thanks for the heads up

Reply to Ansden (Reply #3)

Tue Nov 21, 2023, 08:46 AM

Nov 2023

I haven't done anything with this since I got the flyer, and now I know what to do with it .

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