IRS alleviates suffering of RIAs who use fee-based annuities by ending the need for an excruciating tax conversation that brought their own fees into focus
RIA clients practically needed a CPA to understand the tax and the compassion of a mystic to accept it with aplomb; the Internal Revenue Service took pity
Author By Lisa Shidler September 3, 2019 at 9:59 PM
darbyheavey
September 14, 2019 — 8:47 PM
Mr. Lau doesn’t argue that annuities are better for the client he argues that adviser are missing out on higher fees.
Related Moves
LPL Financial tries to solve two 'digital' problems with one new hire; the broker-dealer admits high 'friction' with clients for onboarding and matching them to the right annuity
Ashish Braganza puts LPL in to the data game but critics wonder whether the belated hire comes with too small a budget and team
