DOL Outlook: Your Guide to the New Fiduciary Rule
Through an ongoing series of webcasts over the next few months, Advisors Excel will bring you timely updates and clarifications related to the new DOL fiduciary rule and its implementation.
The final version of the fiduciary rules recently introduced by the Department of Labor will be a game-changer for many financial advisors…Read More
Several financial advice industry groups, along with the U.S. Chamber of Commerce, are ready to go to court to challenge the highly disputed fiduciary rule finalized in April by the Department of Labor, according to a source close to the matter…Read More
There are two different versions in the exemption, each with respective limitations and benefits that advisers and their institutions must master…Read More
The Lead The Way Initiative
The Lead the Way initiative from Advisors Excel offers you the very latest in educational resources, news links and bulletins, best practices and informative explanations to help you best serve your clients and stay informed of emerging developments in the tax, legal and regulatory areas.
December 18, 2015
On the subject of gifting, we wanted to remind you that there are substantial differences between the insurance standard and the securities standard. While securities regulations allow for gifts of up to $100 per year per client, insurance standards are lower in many cases and should always be taken into consideration. If the sale of an insurance product is contemplated or involved in your sales practice, you will need to adhere to the lower of the two standards for gifting, either insurance or securities.