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January 30, 2017

UBS Bets on Fiduciary Rule Delay or Repeal
Head of the bank’s U.S. wealth arm says the rule should be modified.
Cliff Asness Pokes a Big Hole in the Fiduciary Rule
How can an advisor be a genuine fiduciary if he simply isn’t any good?
Morgan Stanley to Cut Fees Even if DOL Rule Repealed
Wirehouse also plans to reduce conflicts of interest and boost disclosures.
Most Consumers Open to Robo-Only Retirement Advice
But majority also want human interaction in areas such as complaints.
FA Pay to Increase — If They Can Prove Their Value
Demand for financial advice expected to rise as baby boomer clients and their advisors retire.

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