QOTD: The Fiduciary Fight Gets Real

“A system where Wall Street firms benefit from backdoor payments and hidden fees if they talk responsible Americans into buying bad retirement investments — with high costs and low returns — instead of recommending quality investments isn't fair.”

[Department of Labor] will move forward with a proposed rulemaking that would require retirement advisers to abide by a 'fiduciary' standard — putting their clients' best interest before their own profits”

I’ve been talking about this topic for going on five years now. Wrote a book about it too.

The fight is about to get real between the industry’s lobbyists and the Obama administration. This has been a long time coming.

The excuse that Wall Street needs excessive fund fees and conflicted behavior in order to service small accounts just isn’t going to cut it anymore. There are tools that exist today that can help people without all the bullsh*t. I know because I built one. 

What's been said:

Discussions found on the web
  1. 토토 commented on Oct 19

    … [Trackback]

    […] Read More here on that Topic: thereformedbroker.com/2015/02/23/qotd-the-fiduciary-fight-gets-real/ […]

  2. Vape juice commented on Oct 29

    … [Trackback]

    […] There you can find 99544 more Information on that Topic: thereformedbroker.com/2015/02/23/qotd-the-fiduciary-fight-gets-real/ […]

  3. Robotic Testing commented on Nov 12

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2015/02/23/qotd-the-fiduciary-fight-gets-real/ […]

  4. rbc royal bank commented on Nov 29

    … [Trackback]

    […] Here you will find 43763 additional Information to that Topic: thereformedbroker.com/2015/02/23/qotd-the-fiduciary-fight-gets-real/ […]

  5. online td banking commented on Dec 07

    … [Trackback]

    […] There you will find 31290 more Information to that Topic: thereformedbroker.com/2015/02/23/qotd-the-fiduciary-fight-gets-real/ […]

  6. 안전놀이터 commented on Dec 12

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2015/02/23/qotd-the-fiduciary-fight-gets-real/ […]

  7. 5d diamond painting commented on Dec 17

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2015/02/23/qotd-the-fiduciary-fight-gets-real/ […]

  8. 토토사이트 commented on Dec 27

    … [Trackback]

    […] Find More here on that Topic: thereformedbroker.com/2015/02/23/qotd-the-fiduciary-fight-gets-real/ […]

  9. diamond painting kits commented on Dec 29

    … [Trackback]

    […] Read More Information here to that Topic: thereformedbroker.com/2015/02/23/qotd-the-fiduciary-fight-gets-real/ […]

  10. tangerine log in commented on Jan 17

    … [Trackback]

    […] There you will find 85712 additional Information to that Topic: thereformedbroker.com/2015/02/23/qotd-the-fiduciary-fight-gets-real/ […]

  11. rbc login online banking commented on Jan 26

    … [Trackback]

    […] There you will find 87638 more Information on that Topic: thereformedbroker.com/2015/02/23/qotd-the-fiduciary-fight-gets-real/ […]