Bank advisers, hang onto to your hats. Your jobs are about to get much harder and your pay is likely to be much less, thanks to the DoL's new fiduciary rule.
The rule's push to discourage commission business and avoid potential advisory conflicts of interest will challenge advisers and the money they make for their institutions, according to Peter Bielan, a principal of research firm Kehrer Bielan Research & Consulting.
Register or login for access to this item and much more
All Bank Investment Consultant content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access