Department of Labor “Fiduciary” Rule, Headwind or Hurricane?

Posted by Marcus Hagood on Mar 31, 2016 9:54:32 AM


“Change is the law of life. And those who look only to the past or present are certain to miss the future.” - John F. Kennedy

If there is one fact that I have come to appreciate in my 20 years in the financial services industry, it’s that our business is always changing. Flexibility, a strong desire to learn, and the ability to adapt are absolute necessities for survival in this ever changing environment. According to recent industry publications, an announcement on another proposed change for our industry is set to be released on April 4th. The Department of Labor fiduciary rule would represent the single, largest industry change during my career since the Gramm-Leach-Bliley Act of 1999.

Read More

Topics: Fiduciary, Department of Labor, DOL, Sustainability