Tag Archive for: DOL

Let’s Get Real, Advisors Are Ignoring You!

Research shows that most advisors are ignoring you. “More than one in two advisors never bother to review 90% or more of the marketing materials they’re flooded with, a Practical Perspectives survey of advisors reported.”

The new DOL fiduciary rule gives you a chance to reverse that trend.

Otto Rohwedder of Davenport, Iowa patented the first bread slicer in the early 1900’s. He died bankrupt. It wasn’t until almost 1930 that Wonder Bread marketed the first packaged loaf of sliced bread. “The best idea since sliced bread.”

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Have Wicked Witches Hijacked Our Business?

We’re not in Kansas anymore, Toto.

We have all been blown into a new reality. The DOL released its final rule re-defining the role of fiduciaries. Even if we click our heels 3 times, we’re not going back to the “suitability” standard. While this new rule applies to 401ks, IRAs and the like; we can’t really have our feet in different places so we should anticipate that the SEC, FINRA and state regulators will bring everything into synch with the DOL fiduciary standard for all lines of business. (Fact Sheet: Department of Labor)

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