RIA News

The SEC Is Discussing A Single Fiduciary Standard, Again!

2017-12-13T17:18:08+00:00

Both RIAs and Broker/Dealers will have the same fiduciary standard when selling investments or making recommendations to clients.  This issue dates back to 2010 when Dodd/Frank officially became a law.  For those of you who aren't tracking the status of Dodd/Frank, within Dodd/Frank there is a provision for the SEC to develop a single fiduciary standard for [...]

The SEC Is Discussing A Single Fiduciary Standard, Again! 2017-12-13T17:18:08+00:00

The DOL’s Proposal Also Affects RIAs

2017-12-13T17:18:08+00:00

The final version of the DOL's proposal is expected in the next 30 - 45 days.  It is expected to change the way advisors sell products in retirement accounts and decrease the commissions generated from those sales.  There are advisors that have spent years building a recurring revenue business utilizing investments that pay a trail commission and [...]

The DOL’s Proposal Also Affects RIAs 2017-12-13T17:18:08+00:00