On April 14th, 2015, The Department of Labor (DOL) released its proposal of new rules dealing with how the Employee Retirement Income Security Act of 1974 (ERISA) fiduciary obligations apply to financial advisors providing investment advice to both IRA and qualified plan participants.  The DOL’s new proposed rules indicate that financial advisors must act as fiduciaries, putting clients’ needs before their own. To read the proposed rules, click here for more information.

D3 Financial Counselors, an independent, a fee-only financial planning firm, has always acted as a fiduciary for its clients. We do not sell financial products and therefore do not earn commission. Instead, we provide unbiased financial advice based on each client’s unique circumstances, which ensures there are no conflicts of interest. If you would like to learn more about D3, please give our office a call for more information about how we serve our clients.