As one of the largest RIAs in the country, we could have thrown our weight around ages ago. Instead, while others scrambled to change their business models, we just kept quietly building.
By making the call yourself, you’re there for your client without their having to give it another thought.
A federal appeals court judge asked a lot of questions of the Department of Labor, focused particularly on prohibited transaction exemptions that already exist under ERISA.
The barriers that kept wirehouse advisors in place are rapidly dropping by the wayside.