My Trade Guide

Treasury notes, or T-notes, are issued in terms of two, three, five, seven and 10 years. REITs are usually divided into subsectors, so investors can own the type that they like. Certificates of deposit , or CDs , are issued by banks and generally offer a higher interest rate than savings accounts.

And accordingly, the two were assigned different regulatory standards, with a Suitability standard for sales-based, transactional brokerage activity, and a Fiduciary standard for advice. Which effectively allows brokers who choose a more conflicted model of financial planning to have a lower standard, for the privilege of delivering that comprehensive planning advice in connection with the sale of brokerage products! Author: Michael Kitces Team Kitces.