2016. It was the best of years, it was the worst of years. The annum began with all the excitement of the day before Christmas, with the unopened promise of a neatly wrapped fiduciary rule soon to be delivered under the investment advice tree by the jolly DOL elf.
It’s now nearly twelve months later, and all that excitement has withered with the knowledge that same fiduciary rule will soon be left abandoned like so many toys in the days following Christmas.
The road to fhe fiduciary rule has been long but ever ascendant, but now many are left wondering “What’s Next?” (see “‘Houston, the Fiduciary Has Landed.’ Where Does ‘Fiduciary’ Go From Here?” FiduciaryNews.com, December 6, 2016). Some cling to the vague hope this is all but a dream, and when the new morning dawns, the world will return to the normal we all once embraced.
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Christopher Carosa
Chris Carosa has been writing a weekly article and monthly column for BenefitsPRO online and BenefitsPRO Magazine since 2011 and is a nationally recognized award-winning writer, researcher and speaker. He’s written seven books, including From Cradle to Retire: The Child IRA; Hey! What’s My Number? – How to Increase the Odds You Will Retire in Comfort; A Pizza The Action: Everything I Ever Learned About Business I Learned By Working in a Pizza Stand at the Erie County Fair; and the widely acclaimed 401(k) Fiduciary Solutions. Carosa is also Chief Contributing Editor of the authoritative trade journal FiduciaryNews.com and publisher of the Mendon-Honeoye Falls-Lima Sentinel, a weekly community newspaper he founded in 1989. Currently serving as President of the National Society of Newspaper Columnists and with more than 1,000 articles published in various publications, he appears regularly in the national media. A “parallel” entrepreneur, he actively runs a handful of businesses, including a small boutique investment adviser, providing hands-on experience for his writing. A trained astrophysicist, he also holds an MBA and has been designated a Certified Trust and Financial Advisor. Share your thoughts and story ideas with him through Facebook (https://www.facebook.com/christophercarosa/)and Twitter (https://twitter.com/ChrisCarosa).
