In addition, the Department of Labor has a short video that I’ve posted below to put this issue in context:
The fight for “legitimate” Fiduciary Standards is not over. We have a long way to go, but I and fellow Garrett Planning Network members are committed to showing that people can have access to fiduciary advice. If legal standards are put in place, there are advisors already out here ready to serve, even if the giants in the financial services industry try to argue that a fiduciary standard would prevent consumers from receiving advice.
There is much more to come on this issue.