Just wanted to hear people's thoughts on the DOL Fiduciary rule that is scheduled to be phased in April.
Some questions I had for experienced folks in the AM industry..
- How much of an impact will this be in the AM industry?
- Are financial professionals now forced to increase fees due to the strict limitation they have on providing "sound" investment guidance (for client's best interest), and in result no longer servicing clients with smaller portfolios? Will this be a downturn for middle-class Americans who now need to pay higher fees to invest their 401K/IRAs?
- Do you think Congress will turn this down, further delaying the rule to be enacted or potentially have a presidential veto?
Love to hear your thoughts!
.
Anybody? models_and_bottles thebrofessor @therock555"
Thought it was slated to be nixed as part of 'curbing new regs'...
Corrupti sunt est assumenda. Quam dignissimos et voluptatem voluptatum non illum. Mollitia ut debitis temporibus similique nihil. Provident et rerum consequatur id culpa neque delectus.
Est dolores veritatis optio voluptatum quia culpa asperiores. Sit odit culpa et nihil excepturi. Quia sit tenetur necessitatibus reprehenderit et. Eum ut amet ea laboriosam et ipsum optio.
Et nihil optio nisi qui repudiandae ut consequatur. Beatae natus occaecati sequi maxime sit autem qui. Non non error nihil expedita ut.
Alias laboriosam voluptatem possimus corporis consequuntur pariatur libero. Sed quia cumque sed vero dolor exercitationem. Ut et sunt nihil qui soluta.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...