FSI's Brown: Advisers' commissions for IRA advice are still at risk

01/17/2013 | AdvisorOne

The Department of Labor is working on a revised definition of "fiduciary" that could prevent financial advisers from receiving commission for giving advice on IRAs, writes Dale Brown, president and CEO of the Financial Services Institute. The change could make financial advice unaffordable for many Main Street investors, Brown writes.

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