Note: the new fiduciary rule applies only to advisors working with retirement accounts. (sensiblemoney.com)
The proposed fiduciary rule creates a best interest contract exemption, which is a contract that the advisor will have to present to a potential client. (thinkadvisor.com)
A uniform fiduciary rule crafted by the agency, however, will be business - model neutral, she said — a term that has had many in the advisory community scratching their heads. (thinkadvisor.com)