Three new fiduciary rule aids were unveiled by the Financial Services Institute Monday. They include:
• A negative consent letter, which allows advisors to continue to service existing accounts without clients needing to sign new documents.
• An IRA rollover form, which is useful for moving customer funds to an advisory firm from an IRA or 401(k) plan.
• A disclosure website template, a model site map of the required disclosures aimed to simplify building the required website.
The first two are available for FSI members at a combined price of $2,500. The last is priced at $4,000.
These three are being added to FSI’s menu of fiduciary help offerings, which already include a Best Interest Contract Exemption Contract template and a fiduciary rule compliance guide.
To see the offerings and to order click http://bit.ly/2aOi2nc.
3 FSI Tools To Help Weather The DOL Rule
August 15, 2016
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