The U.S. Department of Labor’s fiduciaryrule will increase competition — and challenges.
That’s according to the latest Independent Advisor Outlook Studyfrom Schwab Advisor Services, which found that 36 percent ofadvisors think the rule will be a source of increasing competitionamong registered investment advisors.
And 35 percent think that it will create greater challenges forregistered investment advisor firms to differentiate themselvesfrom larger, or wirehouse, firms .
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
