Robo-Advisor to Trump: Hands Off DOL Rule

Robo-advisor Betterment is urging President-elect Donald Trump to leave the DOL fiduciary rule alone, reports Business Insider.

The New York-based firm ran a full-page ad in Monday’s Wall Street Journal appealing to Trump. The ad lays out the perils of conflicted advice, presents the fiduciary rule as a bulwark against them, and describes the rule as “under attack.”

Read the Original Article

This article originally published December 6th, 2016 on Barron's.