Fiduciaries, Fees and Incentives

Recently there have been several articles in the press about advisory fees and the Department of Labor's new fiduciary rule that was expected to go into effect in April of  2017. The rule would require financial advisers management retirement accounts to act as a fiduciary, which means putting the client's best interest ahead of the adviser's economic interests. The intended law was under review due to the Trump administration's plans to overhaul financial regulation.  Fiduciary Rule: Kingsbridge Wealth  Management is a Registered Investment Advisor (RIA) and is obligated to act [...]