Since the Department of Labor's (DOL) Conflict of Interest rule was released in April, Pershing has focused on working closely with clients to help prepare for this historic and industry-changing regulation. We’ve developed key resources to help firms and advisors navigate the rule and its impact. Check back regularly for new items.
Fiduciary Rule Considerations: Getting Started Quick Guide for Firms [PDF]—Geared toward the home office, this guide provides a framework for how to address the DOL's final fiduciary rule.
Client Considerations for Defining and Executing Your DOL Strategy [PDF]—This home office guide provides a high-level overview of considerations for defining and ultimately executing your DOL strategy.
Complying With the Best Interest Contract Exemption [PDF]–This home office guide provides a high-level overview for understanding the Best Interest Contract Exemption.
The New DOL Fiduciary Rule: Six Things Advisors Should Do Today [PDF]—This advisor guide offers guidelines to help retain high-value clients, position their business for future growth and potentially increase efficiency and productivity in the new regulatory landscape.
Review of the Department of Labor's (DOL) Final Definition of Fiduciary: Key Points IBDs, RIAs and Advisors Need to Know [PDF]—Written in collaboration with Thomas Roberts, a member of Groom Law Group's Fiduciary practice group, the article aims to provide an overview of key points introducing broker-dealers, RIAs and advisors need to know about the DOL's final rulemaking package on the definition of fiduciary.
Dealing With the New Fiduciary Standard—Pershing’s co-sponsored whitepaper is based on a survey of retirement plan specialists who are involved in the sale and servicing of retirement plans. It helps to clarify the roles and responsibilities of plan advisors—and offers a roadmap to preparing for change.