Why Westport Advisor Michael Gold Says Coordination Beats Disclosure
The wealth management industry has spent considerable energy on compliance in recent years. Fee transparency mandates, AI disclosure requirements, and cybersecurity protocols have all moved to the forefront of how firms communicate with clients. Michael Gold, the Westport-based founder of Gold Family Wealth, believes the industry is focusing on the wrong problem.Disclosures describe what advisors are doing. They do not tell clients whether those...