Free for 90 days: Sign up now and get 90 days managed free after your first deposit. See offer details

Business Insider

A hot investing startup wrote an open letter to Donald Trump, and is setting the stage for a battle on Wall Street

By Rachael Levy

Betterment, a startup that provides automated investing in index funds, is asking President-elect Donald Trump to leave in place a rule that’s meant to protect Americans’ retirement money from conflicted financial advisors.

The Department of Labor’s fiduciary rule, which takes effect in April, mandates that all financial advisors serve in their client’s best interest rather than their own. It is aimed at those who oversee retirement money.

Read the Original Article

This article originally published December 5th, 2016 on Business Insider


Search our site