After a few federal courts have made rulings, upholding the DOL’s new fiduciary rule, it seems more and more likely that even with the Trump administration delaying the implementation firms are preparing for the shift. Advisement firms are shifting their policies and procedures in preparation for a more stringent fiduciary standard. Who will benefit from this new standard, the investors, the advisers, or possibly robo-advisers?
… Read More Trump administration’s delay of the DOL’s new Fiduciary Rule Not Stopping Firms from Preparing for Strict Standards