At this crucial development stage of his career, Murray needs a full-time coach rather than a part-time advisor, however high-profile.

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This factor makes sense from the standpoint of controlling insider trading on the part of the advisor, but it otherwise muddies the issue at hand.

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Ms Davidson-Olley, a shop sales advisor, regularly takes part in the World Transplant Games and has spent her life campaigning to get more people on the organ donor list.

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For her part, as chief foreign policy advisor to Senator John Kerry during the 2004 presidential elections, Susan Rice reportedly convinced Kerry to announce that if elected he would appoint Jimmy Carter and James Baker to serve as his envoys for Middle East peace.

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This is not only a good idea, but a duty on the part of a qualified financial or tax advisor.

FORBES: Connect

That means no hedge funds, though she and her advisor have been talking about putting a small part of her assets into private equity funds.

FORBES: Who Manages Your Money?

Petitioner decided to keep her two New York residences, partly upon the recommendation of her investment advisor to retain these properties for investment purposes as part of her portfolio diversification.

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Roughly one-third of the larger population, or about 245, 000, are part-time fiduciaries, meaning they may seamlessly change roles from a fiduciary advisor to Joe the Stockbroker, and that they are working under a separate law that makes them a sales agent.

FORBES: Is Your Financial Advisor A Wolf In Sheep's Clothing?

We believe that this doctrine, developed by a high-level panel cochaired by Gareth Evans (the president of the International Crisis Group, where John works) and Mohamed Sahnoun (former Algerian diplomat and UN special advisor) commits us all, as individuals and nations, to do our part to fulfill that responsibility.

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