A new rule could make it harder to figure out if your financial advisor is on your side

A new rule could make it harder to figure out if your financial advisor is on your side

Carlina Teteris

This summer, it may become more difficult for investors to determine whether a financial advisor indeed has their best interests at heart.

Starting June 30, financial advisors who are affiliated with broker-dealers legally will be required to place clients’ interests first when they give financial advice.

This rule, which was handed down by the Securities and Exchange…

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