Fiduciary Rule

If rule isn’t scaled back, the lower tier of advisers has a rough road ahead. Their “future isn’t what it was in the past.”

It’s not just about consumer advocates and advisers; there’s another side to the issue that’s not getting the attention it deserves.

The department says it needs time to complete a review of the regulation ordered by President Trump, who also recently outlined criteria for reversing the rule.

Use this as an opportunity to target potential clients and address specific niches.

Andy Sieg, head of the firm, says that "operational changes" are possible if the rule is delayed or overturned.

Embracing fiduciary standards, managing client risk and integrating technology are essential steps for every RIA to undertake.

Banks and credit unions scramble to adjust their product choices with a significant 40% of those surveyed developing separate menus for retirement and retail accounts.

The rule’s outlook seems uncertain, but a strong undercurrent is carrying the industry along.

The fast-food executive withdrew amid controversy over his personal life.

Reflecting industry concern with Department of Labor rule requirements, the firm dubbed the platform as a "One-Click Fiduciary."