The highly anticipated Department of Labor fiduciary rule may not mean a fast track for robo advisors after all.

In Massachusetts, digital advice firms seeking to register as RIAs will face extra scrutiny from state securities regulators, who expressed doubts about their ability to act as fiduciaries.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access