How An RIA Can Profit Off Of The New Fiduciary Rule

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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When it comes to an industry, change is often fraught with trepidation and fear. However, I always believe that change also brings opportunity. So while people are predicting gloom and doom when discussing the Department of Labor’s (DOL’s) new fiduciary rule, I believe that it can be an opportunity for growth for registered investment advisors (RIAs) since they’ve been fiduciaries the moment they were hired by their first retirement plan client. This article is how RIAs can take advantage of the new Fiduciary Rule in a way to grow their retirement plan book of business.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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