Jake Kuebler quoted in
Financial Planning article on DOL fiduciary ruling,
"‘Important Consumer Protection’ or ‘Greatly Flawed?’ The Fight Rages On", April 6
Reducing the potential for conflicts of interest between advisors and clients is critical to the financial planning profession, notes Jacob Kuebler, a board member of the Alliance of Comprehensive Planners.
"We believe this can happen by selecting a method of advisor compensation that is not dependent on the outcome of the advisor’s recommendation," says Kuebler, a financial planner and owner of Bluestem Financial Advisors, Champaign, Ill. "We believe a uniform fiduciary standard is a good first step to making this vision a reality.”