How Retirement Plan Advisors Can Benefit From Any New DOL Fiduciary Rule

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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One of my favorite companies is Netflix. The first time I came into contact with them, it was through an offer that was in the box of the first DVD player I bought in 2000. Instead of rentals through Blockbuster or Hollywood Video, I used them. They eventually helped put Blockbuster and Hollywood Video out of business. Sensing that digital formats and the potential of web streaming video was the future, Netflix took the huge expense of adding a streaming service because they didn’t want to be the next Blockbuster Video where renting DVDs by mail was going to be obsolete. They even sunk $100 million into producing House of Cards and more money into Arrested Development and Orange is the New Black and people thought they were crazy. What Netflix proves is that change can be a good thing as long as your embrace change. If you don’t change with the times, times will change you.

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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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