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I think there's been an overreaction amongst many of the advisors/firms I work with, as well as my own company. There seems to be less tangible change than we're led to believe, at least in the 401k realm. More cya paperwork for advisors probably, but huge opportunity for those not afraid of being a fiduciary.
I don't have much for you on the matter of working as a consultant, but am curious on your thoughts regarding the DOL rule.