Financial Industry Celebrates, Mourns Fiduciary Rule Decision

Chris Robbins of Financial Advisor includes Joe Heider, president of Cirrus Wealth Management, in an article discussing the implications of the DOL news about the fiduciary rule. “No matter how this is resolved, most RIAs and advisors have modified their practices in anticipation that the DOL rule would be implemented. There’s been many changes and this will have to be resolved to bring uniformity to the industry,” he says.