Fiduciaries require more training and have higher standards than most brokers, who are often glorified salespeople.

With 

• John Osbon, Founder and CIO of Osbon Capital Management;

• Marc Lowlicht, President of the Wealth Management Division of Further Lane Asset Management; and 

• Bill Singer, Shareholder in the Securities Practice Group of the law firm Stark & Stark and Publisher of http://BrokeAndBroker.com and http://RRBDLaw.com

  David Serchuk, Forbes Editor: Your stock broker or investment adviser could be a straight arrow, scouring the financial world for the very best products, but it's entirely likely they aren't. They could just as easily push you into "house" products that help them reap better commissions. The fact is, the latter situation is far from uncommon as brokers are typically not legally bound to find the "best" products for you, merely ones that are considered "suitable."

To read the entire Intelligent Investing Panel interview, visit:

  http://www.forbes.com/2009/06/23/suitability-standards-fiduciary-intelligent-investing-brokers.html