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Posted on April 11, 2016

Round-Up Of Industry Reactions To Last Week’s Fiduciary Rule Announcement

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Josh Nelson, founder and CEO of Keystone Financial Services in Loveland, CO, is quoted in Family Wealth Report on industry reactions to this week’s announcement of the fiduciary ruling by the Department of Labor: “The DoL fiduciary rule was long-anticipated and I think it is a step in the right direction. The average consumer assumes that their financial advisor is looking out for their best interest, but until now they were not always required to do so […] Clients of financial advisors deserve the transparency and accountability that the DoL rule mandates. The fiduciary status is good for investors and any advisors in our industry that are committed to serving clients with the highest standard.”

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