UNLOCK THE POWER OF THE VAULT

BUT WHO WILL PROTECT INVESTORS FROM THE DEPARTMENT OF LABOR?

March 23, 2016

MONDAY, MARCH 21, 2016 | Illinois Review

The Department of Labor wants to impose new rules to ensure financial fiduciaries act in the best interests of their clients. But the department’s so-called “fiduciary rule” defines “fiduciary” so broadly that virtually anybody in the financial services industry—including broadcast financial commentators—could be deemed liable for advice they give, writes John Berlau. Further, he says, the rule’s definition of “best interest” is so vague that it would lead to restricted investment options for American savers.

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Loreen M. Gilbert, CIMA, AIF, CRC, CLTC – President, WealthWise Financial Services
Blue Vault
July 6, 2016

Our firm has been using Blue Vault from the first year it was available.

We have found it to be a valuable tool to verify what wholesalers tell us and to dig deep into how the reported investments are really performing.

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Our clients also appreciate that we conduct this additional due diligence on their behalf.