Fiduciary Training from fi360 Considers DOL Shift

Fiduciary-related education services provider fi360 revealed a new program called Fiduciary Essentials for Advisors (FEA), designed to provide timely training to assist financial professionals as they respond to the Department of Labor’s (DOL) new conflict of interest regulation.

The firm says the FEA program is a “self-paced online program that provides a foundation of fiduciary education.” The program focuses on the fiduciary roles and responsibilities of advisers managing qualified retirement plan programs and individual retirement accounts.

Divided into five modules that cover a range of fiduciary-related themes, advisers will come away from the FEA training with a better understanding of the obligations under today’s regulatory environment, the specific requirements of the DOL’s conflict of interest rule and how to adopt fi360’s fiduciary best practices. (See “Fiduciary Rule Aftermath for RIAs” and ”Fiduciary Rule Aftermath for Non-RIAs”.)

“In terms of application, participants will be taught how to make investment decisions that are in the best interest of clients, as well as receive training on retirement plans and services,” the firm adds.  

“We’ve been developing fiduciary practices and training advisors since 1999. Finalization of the DOL fiduciary rule has created unprecedented demand for our services, and we’re thrilled to offer firms our Fiduciary Essentials for Advisors program,” says John Faustino, chief product and strategy officer at fi360.

Learn more at www.fi360.com.