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RIA model more appealing to advisors post-DOL fiduciary rule

The Department of Labors fiduciary rule has been pushing advisors to reevaluate their business models, even though the rule's fate is currently uncertain.

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With advisors becoming more comfortable in a fee-based environment, and taking on fiduciary duty, they could be more likely to consider the RIA channel. (Photo: Getty)

Regulatory pressure is driving advisors to consider the attractions of the registered investment advisor or RIA as a business model.

Even though its fate is uncertain, with delay and repeal looming in the background, the Department of Labor’s fiduciary rule has been pushing advisors to reevaluate their business models and which products they might focus on in the future.

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