DOL News & Tools

Fiduciary Rule Looms…Along With Potential for Class Action

In a January 16, 2017, article for the Nerd’s Eye View, Michael Kitces writes: With the implementation date of the Department of Labor’s fiduciary rule looming large in April, all attention has been focused on how financial advisors and their Financial Institutions are making adjustments to manage their compensation conflicts of interest, to avoid breaching […]

Michael Kitces, DOL Fiduciary Rule, FinTech and the RMA® – What’s the Connection?

Last week’s Summer Conference and Master-RMA boot-camp was a great event.After 19 conventional (hotel, suit-and-tie, traditional presentations) Spring and Fall Conferences over the last 10 years, we decided to innovate with this first Summer Conference (campus, business casual, discussant/moderator presentations). We also combined the conference with our first Master-RMA boot-camp.The bottom line: It worked beyond […]

Addressing Common Data Challenges for DOL Fiduciary Rule Compliance

When the Department of Labor’s new fiduciary rule went into effect on June 7, 2016, it signaled changes to the traditional advisory model from commission to fee-based compensation and will substantially change product fees and features. Many within the industry are scrambling to understand which approaches to take, whether they should comply, or just get […]

The Household Balance Sheet℠ View and the DOL Fiduciary Rule

The headliner of our conference in July was clearly Marcia Wagner, who talked with us about not only the letter of the DOL fiduciary rule, but also the spirit of the regulation.  Marcia’s law firm, the Wagner Law Group, focuses on ERISA regulation and has in fact created one of the largest bodies of case […]