Conferences and Speeches

2015 Fall Solutions Conference

Wednesday, October 21, 2015 - Thursday, October 22, 2015

Associate Lindsay Jackson will moderate the panel for "Department of Labor Fiduciary Rule: The Far Reaching Business Implications" at the 2015 Fall Solutions Conference presented by the Money Management Institute.

The DOL’s mid-April announcement of its proposed fiduciary rule touched off a firestorm of commentary and opposing views. By the end of the initial comment period on July 21st, the DOL had received a record number of letters – including one from MMI – raising concerns over various aspects of the rule and citing the potential for unintended consequences.

If adopted as proposed, the rule could have an immensely disruptive impact on the advisory solutions industry, changing the landscape of how firms provide services to plan sponsors and IRAs. Among the topics this panel will explore are:

  • If the changes stand, how is the industry – from the perspective of broker-dealers, RIAs and asset managers – likely to address the requirements?
  • How will traditional fee-based brokerage models change?
  • Will we see a migration to advisory models?
  • What will be the impact on “robo advice” and the new digital wealth management models?
  • How might the fiduciary status of model providers working through intermediaries be affected?
  • What should firms do now to adapt?
  • What other changes might be on the horizon?