The steady flow of migration from the brokerage model of retirement services to the fee-based model over the past decade will clearly continue after the Department of Labor releases its finalized fiduciary rule next week, said Skip Schweiss, managing director at TD Ameritrade.
Schweiss oversees the firm's Retirement Plan program, which offers RIA plan advisors turnkey tools—recordkeeping, asset custody, non-proprietary open architecture investment and trading platforms, and supporting education products for participants.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
