While the conference yielded a smorgasbord of announcements, acquisitions and integrations (Strike 1!), Joel Bruckenstein is to be commended for including Brian Hamburger, Ron Carson, Bob Veres and Andy Putterman, RIA dignitaries known less for technology.
Brian Hamburger, CEO, MarketCounsel: “The Obama Administration was all about harmonizing broker vs. RIA. [England] went the opposite way and it was really the sign of a weak regulator since they bypassed the process versus fixing the real problem. The issue here is the consumer is confused, and that still remains, if not greater! We also expect a delay if not a repeal [of the DOL fiduciary rule.]”