Regulation Push Puts IMOs In A Tight Spot
July 23, 2018 by Cyril Tuohy
The Department of Labor’s fiduciary rule no longer exists, but its aftermath will affect independent marketing organizations (IMO) for years to come.
“IMOs today have to help producers make more money, do it in less time, and eliminate as much stress along the way as possible,” said Dan K. Charley, president of Alpine Brokerage Services, and IMO with offices in Florida and New Jersey.
Today’s IMO has become a de facto business coach for the financial professional, not just a support organization as in the past, he said.
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