If you’ve clicked over to this letter then you’re obviously interested in taking your career to the next level. Let me tell you how I can help.
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The new DOL rule is very long and confusing, but the substance of it is clear - financial advisors will now have to act as fiduciaries in regard to their clients’ IRA accounts.
Another thing is clear – that Firms and Advisors alike need to prepare their business to meet the demands, challenges and consequences of this new rule.Join Don Connelly & David Hubbard for a one-hour free webinar and learn:
If you aren’t analyzing your current business, you are behind everyone else. But, there’s more to this rule than just knowing which accounts and how much of your assets under management will be affected.
To be competitive and truly differentiate yourself, you’ll need to focus on how you service your clients and how you document interactions with them. Furthermore, you need to have the infrastructure and resources to comply with the DOL rule.
There is one certainty though: things will change for how you do business. The question is: will this be a disruption to your business or an opportunity?