Advisors Split on DOL Fiduciary Rule

September 13, 2017 by Cyril Tuohy

There’s nothing quite like compiling responses to the Department of Labor’s fiduciary rule straight from the horse’s mouth: that of the individual advisor.

Last month, consultant Howard Schneider decided to take stock of where advisors stood on the rule and both sides seemed as fired up as ever about the rule.

Supporters, fee-based and fee-only planners, were quick to point out that they held already conducted their business under a fiduciary standard and that the rule would hardly affect them.

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Originally Posted at InsuranceNewsNet on September 12, 2017 by Cyril Tuohy.