• cwon1

    The is a normal argument in a post normal world. People hate the securities industry and the end participants in a very broad cultural way.
    They’re not too happy with the self-employed either. For many reasons the killing of the base advisor will stand. That’s a big part of what the fiduciary rule promises. Larger advisors will service a smaller population but broad middle class advisory is finished.
    The Obama types want government in that advisor roll directly. You may recall the heady days of 2009 when they floated nationalizing 401-k plans. This is just another similar move.