financial advisor Archives | Jamie Hopkins Retirement https://hopkinsretirement.com/tag/financial-advisor/ Retirement Income Solutions Tue, 20 Jun 2017 18:18:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 New Department of Labor Fiduciary Rule Roles Out https://hopkinsretirement.com/new-department-labor-fiduciary-rule-roles/ Tue, 20 Jun 2017 18:18:00 +0000 https://hopkinsretirement.com/?p=2659 New Department of Labor Fiduciary Rule Roles Out June 9th, the new department of labor fiduciary rule roles out without much fanfare.…

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New Department of Labor Fiduciary Rule Roles Out

June 9th, the new department of labor fiduciary rule roles out without much fanfare. The new rule requires financial advisors to act as fiduciaries. This means that advisors need to act in the best interest of their clients, avoid conflicts of interest, like some forms of commissions, and meet a high standard of care. But, the rule is not so cut and dry. Instead, many advisors dislike the new standard as written.  To learn more, checkout this recent Forbes article written by Jamie Hopkins on the topic.

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