DoL Readiness Roundtable: Mid Course Gut Check 

You’ve spent the last six months digesting the DoL Fiduciary Standard, assessing alternative approaches to complying, and making some, but probably not all, of the decisions about the way forward.  Now it is time to consider whether you are heading in the right direction.

We discussed this with a dozen CEOs of bank brokerage firms Oct 13-14, and some of them decided they need a Mid Course Correction.

Come learn what approaches your peers are taking to:

• Implementing the Best Interest Contract Exemption

• Removing conflict of interest from advisor and manager compensation

• Realigning their product menus

• Determining reasonable fees

• Understanding their clients’ “full financial condition”

• Documenting the basis for advice

• Reconsidering licensing client facing banking staff

The implications of getting this wrong are pretty serious.  So we’re convening another group of your peers so you can tap into their thinking, and ours.