August 25, 2017

Fiduciary duty does not guarantee you won’t get bad advice: Learn those “fee-based” facts here

When the Department of Labor rolled out its Fiduciary Duty Rule for brokers, it seemed like a no-brainer to many.  At its core, after all, the whole point of forcing brokers and wealth management folks to assume “a fiduciary standard” with their clients, ensuring going forward clients would receive solid financial advice designed to serve their best interests. Those held to a “fiduciary duty” standard are expected to handle their clients’ affairs with the same prudence they would in managing… Read More »Fiduciary duty does not guarantee you won’t get bad advice: Learn those “fee-based” facts here