Don Trone, L5, wrote an article on the importance of Behavioral Governance, as opposed to "fiduciary rules," and how advisors that accept behavioral governance principles will provide a standard that the market wants.
A recent World Economic Forum report, The Future of Jobs and Skills, included a list of the top 10 skills that will be valued most by 2020:
Complex problem solving
Coordinating with others
Judgment and decision-making
This list can be summarized in two words: behavioral governance. What will matter most by 2020 — no matter the industry sector or domain — will be a person’s ability to execute, infuse and amplify a prudent decision-making process.
Read the rest of the article at this link.