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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