The Coming “Framework Culture” and the Adoption of a Blanket Fiduciary Standard; Forces for Regulatory Reform, Boomer Retirement Income Security Needs Will Level the Regulatory Playing Field
March 10, 2009
With so much upheaval in the economy one wonders about what changes may arise in the not too distant future. In that context let me offer two predictions:
Prediction Number One: All advisors will be deemed to be fiduciaries within 1-2 years.
There could be no development more disruptive to today’s financial products distribution landscape than [...]