Listen, Fiduciaries! That's Opportunity Knocking

The Senate has killed any chance of a fiduciary standard becoming part of the upcoming financial legislation, writes Evan Cooper in Investment News. And that should make fiduciaries very, very happy:

[A]dvocates of a fiduciary standard for financial advice givers shouldn't view Washington's inaction as a setback. It's actually the greatest marketing opportunity ever — if only fiduciary advisers would stop banging their heads against Wall Street and start telling investors why they're better.