Robo advisers’ response to Trump’s fiduciary order: We can’t be stopped
By Suleman Din
Stein was among several leaders in digital wealth management adopting that refrain.
“[It was] a sad day for individual investors,” he says. “Repeal means favoring the bottom lines of the financial services industry over the American people, who deserve financial transparency and honesty.”
“We’ll continue to act in our clients’ best interest as a fiduciary regardless of whether or not it’s required,” he adds. “That resonates with customers.”