Two longtime fiduciary advocates make a pitch for family offices to sign on to standards
After Bernie Madoff and now Kenneth Starr, the family office business seems in need of some better guidelines.
![Jan Sackley](/_next/image?url=https%3A%2F%2Fwww.gravatar.com%2Favatar.php%3Fgravatar_id%3Df084b468d7e27e0e89cf6a38ce8f240a%26default%3Dhttps%253A%252F%252Fucarecdn.com%252F0b5addcb-6e7e-48f1-9e88-2279491e69b9%252Fiphonelogo.png%26size%3D50&w=1200&q=75)
Jan Sackley
I admire the global efforts of these two professionals, but at the same time I am somewhat distressed at the necessity of the project. Recently I was looking at the search terms that brought web users to my website, and I saw this phrase used in a search: “does a trustee have a duty to be honest”. I was stunned that someone even had to ask. But, perhaps I should not have been. How sad.
Jan Sackley, CFE
Fiduciary Foresight, LLC
Risk and Regulatory Compliance Consultants
www.fiduciaryforesight.com
Twitter@FidFore
Family Office Exchange
Consulting Firm
Top Executive: Sara Hamilton