Knut A. Rostad is the co-founder and president of the Institute for the Fiduciary Standard. The nonprofit formed in Falls Church, Va., in 2011 to advance the fiduciary standard through research, education and advocacy. Previously Mr. Rostad served as the regulatory and compliance officer at Rembert Pendleton Jackson, an investment advisor in Falls Church, Va.
The Institute has crafted Real Fiduciary™ Practices and developed the affirmation program as the most challenging industry standard for registered investment advisors. The complimentary Fiduciary Common Sense e-book and guidance is to help investors identify real fiduciary advisors and planners.
The Institute has declared September to be Fiduciary September, to make special note of why fiduciary principles matter, and created the Frankel Fiduciary Prize to honor individuals for doing so.
The Institute is honored to have industry luminaries serve on its Board of Advisors. Tamar Frankel, Boston University School of Law Professor Emerita; Brooksley Born, former Chair of the Commodity Futures Trading Commission; Luis Aguilar, former SEC Commissioner; and Phyllis Borzi, former Assistant Secretary at the Department of Labor serve as advisors. See www.thefiduciaryinstitute.org.
Mr. Rostad has testified before lawmakers and met with regulators and speaks at industry conferences. He has authored numerous articles, papers and comment letters to the SEC and DOL and has been cited in the New York Times, Wall Street Journal, Bloomberg, Reuters. Mr. Rostad edited The Man in the Arena: Vanguard Founder John C. Bogle and His Lifelong Battle to Serve Investors First, by Wiley.
Mr. Rostad earned a BA degree in Political Science at the University of Vermont and an MBA from the Norwegian School of Management.