Fiduciary Advice and the World's Worst Problem

(Bloomberg View) -- My morning train reads:

• Who's Stealing From Your Dad Right Now? (Bloomberg)
• The State of Wealth Management in 2017 (Reformed Broker)
• Bull Markets Don't Mean Extra Jobs for Wall Street (DealBook)
• Fee Study of 525 401(k) Financial Advisers -- Why Trump Can't Reverse Tide of Fiduciary Advice (Employee Fiduciary)
• How Seattle Is Dismantling a NIMBY Power Structure (the C Is For Crank); see also Highest Minimum-Wage State Washington Beats U.S. in Job Creation (Bloomberg)
• Why Your Extra-Safe Car Costs More to Insure (Wall Street Journal)
• No one knew the world's worst problem so we spent eight years trying to find it (80,000 Hours)
• India's National ID Program May Be Turning The Country Into A Surveillance State (BuzzFeed)
• The information war is real, and we're losing it (Seattle Times); see also Tracking the Spread of Misinformation on Twitter after Crisis Events (emComp Laboratory)
• Science says parents of successful kids have 17 things in common (Business Insider)

What are you reading? 

U.S.'s disproportionate weight in stock market indexes

Want to receive our daily reads in your inbox? Sign up here!

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”

To contact the author of this story: Barry Ritholtz at britholtz3@bloomberg.net.

To contact the editor responsible for this story: Brooke Sample at bsample1@bloomberg.net.

For more columns from Bloomberg View, visit http://www.bloomberg.com/view.