Subject: File No. 4-606
From: Tyler J Vongsawad, CLU, ChFC
Affiliation: Board Member, Utah Valley Estate Planning Council

August 24, 2010

Although I believe fiduciary duty is good for some clients, I belive the a suitability duty can fill the needs for other clients. Having advisers held to a fiduciary duty for all clients will be more expensive for the clients who don't need the advanced advisory services.