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The Impact of the New Fiduciary Rule on Investors

Financial planning expert Michael Kitces reviews the new rule, what to expect as the industry transitions to it, and what it really means for consumers in the financial services industry.

Michael Kitces is a Partner and the Director of Wealth Management for Pinnacle Advisory Group, co-founder of the XY Planning Network, and publisher of the continuing education blog for financial planners, Nerd’s Eye View. You can follow him on Twitter at @MichaelKitces.

Christine Benz: Hi, I'm Christine Benz for Morningstar.com. The Department of Labor's fiduciary rule has major implications for consumers in the financial-services industry. Joining me to discuss that topic is financial planning expert Michael Kitces.