The Financial Services Institute opposed the Labor Department's decision, arguing it would keep independent financial advisors from "operating confidently knowing their independent contractor status is secure."
With many advisors rightfully wary of anything that resembles "selling," why risk going out on a limb to push such plans, particularly if they aren't a central aspect of your practice?
The municipal bond market has begun the year with a negative total return—but this could be good news for investors looking for an entry point. Join us on May 12th for a discussion on municipal market update and outlook, solutions for clients frustrated by low yields and concerned about higher rates, the state of municipal credit—uncovering opportunities in a low rate environment.
