Some big Wall Street firms are planning to move to a purely fee-based model whereas others will still allow commissions for retirement accounts
A new report suggests the costs of compliance with the fiduciary requirement could be burdensome for smaller firms
Quarterly Fidelity survey finds that advisors are also worried about interest rate hikes, portfolio management, market volatility and searching out yield and income
Although the U.S. regulator will have to act on the prospect of a uniform fiduciary duty, it’s important not to curb investors’ access to advice
U.S. wealth management firm will continue to offer both fee-based and commission accounts
A new survey found that 43% of advisors are planning to expand their services to a more holistic planning approach in response to the rule coming into place next year
The National Association for Fixed Annuities is seeking an injunction against the rule
Public Investors Arbitration Bar Association says efforts to block fiduciary rule are self-serving
Nine industry organizations sue Department of Labor
In this week’s Gaining Altitude, Dan Richards, CEO, Client Insights, discusses the new fiduciary rule for retirement accounts issued by the U.S. Department of Labor and what this means for Canadian advisors.