In light of the pending Department of Labor (DOL) fiduciary rule set to take effect in June, J.D. Power recently surveyed more than 1,000 investors to find out their thoughts about the new rule and its potential impact on their own circumstances. Much to the surprise of the industry, the majority of full-service, commission-based investors are not too keen on switching to a fee-only plan. Financial advisors and broker-dealer firms […]
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