To read more on the new fiduciary standard The entire article can be read at The U S News & World Report, The Smarter Investor Blog and was also published on Yahoo! News
401 Advisor, LLC has been operating under a Fiduciary standard since the business was formed in 2004. In short, it’s about time the rest of the industry has to disclose fees and conflicts of interests. Hard to understand why companies like UBS, Merrill Lynch, LPL and Raymond Jame to name a few, fought so hard to prevent the ruling.