Why You Should Care About the Fiduciary Rule
By Jill Cornfield
There’s no way to know what’s going to happen in a Donald Trump administration. But the Dodd-Frank rule and the fiduciary rule from the Department of Labor could be shelved.
Betterment, an online investment adviser, ran full-page newspaper ads in early December. The company addressed investors directly in its New York Times ad with a provocative headline: “Do you trust your money manager? Maybe you shouldn’t.”