DOL Fiduciary Rule
1,700 Advisors Respond
Legg Mason partnered with InvestmentNews to better understand advisors' opinions on the DOL Fiduciary Rule (the "Rule") and the chanages they anticipate to their practices. See The Economics of Change1 to read advisors' thoughts on the Rule, the investment solutions they plan to present to clients going forward and what they foresee as the long-term impacts.
DOL Rule Changes
Could Spur Innovation
The DOL Fiduciary Rule could lead to further product innovation and increase the number of investment solutions available to you and your clients. Could this foster greater trust and bring more retirement savings back into the market?
Would a fee-based or advisory model be optimal for you?
At this time, you might be considering transitioning a portion (or all) of your business to a fee-based or advisory model. With step-by-step guidance, this module will help you think through the implications, evaluate your book and identify best-suited clients to put the switch into motion.
Do your clients trust you and understand your value?
The answer to this question may be more important now than ever. Clients who trust you are vital to the health of your business, and your value proposition is their reason to believe. It’s critical that you provide them with a clear and genuine account of the many ways in which you serve them. Keep in mind that the client experience can be as essential as investment performance. This module guides you through articulating your value and offers real-life examples from your peers.
The DOL Fiduciary Rule could lead to further product innovation and increase the number of investment solutions available to you and your clients. Could this foster greater trust and bring more retirement savings back into the market? Read more.
A Webcast featuring Brad Campbell, Former Assistant Secretary of Labor for Employee Benefits and an ERISA attorney at Drinker Biddle & Reath, LLP, and Jeff Masom, Managing Director and Co-Head of U.S. Sales, Legg Mason.
1 All investments involve risk, including loss of principal. These opinions are not intended to be a forecast of future events, a guarantee of future results, or investment advice. All data referenced are from sources deemed to be reliable but cannot be guaranteed.
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