Are You Ready for the Seismic Change in Your Industry? How the DOL Fiduciary Rule Will Change Your Advisory Business Forever

Are You Ready for the Seismic Change in Your Industry? How the DOL Fiduciary Rule Will Change Your Advisory Business Forever

screen-shot-2016-12-06-at-2-57-50-pm Dear Advisor:

The new DOL rule is final and binding. It redefines the meaning of the term “fiduciary” and sets in motion sweeping new changes in how retirement accounts are sold, serviced, and managed. This rule defines a fiduciary as anyone who provides investment advice on retirement plans.

Consider that an estimated $200 billion in assets are transferred to IRAs every year by individuals working with professional advisors. This business will change dramatically as the new rules are implemented. The special report, "A SEISMIC SHIFT," clarifies the following:

  • How your advice and recommendations must benefit the investor alone, not you as their advisor.
  • Why any conflicts of interest must be clearly communicated.
  • How the new rule is likely to change the products that advisors recommend as they work to avoid the liability and risks that come with high-fee, high-risk investments, like hedge funds and other alternatives.
  • How the new rule will impact investors with smaller retirement accounts.

Most important, “A SEISMIC SHIFT” arms you with five critical steps to guide you in this new regulatory climate, including how to evaluate your business, what to say to your clients, how to decide which accounts to grandfather, how to prepare BICE documentation, and why you should consider specific training for these new rules. “A SEISMIC SHIFT” is a critically important report you can read right now. Download Now>

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