Barry Glassman joined Bernie Clark, the head of Schwab Advisor Services for the Investment Adviser Association’s (IAA) Lobbing Day last month. Representing the Registered Investment Advisor (RIA) industry, they delivered the message to Congress that changes to the fiduciary standard and “harmonizing of rules” for RIAs and broker/dealers would create unnecessary burdens on fee-only advisors and would not ultimately benefit investors. We invite you to read the entire story in Schwab Advisor News.
From left: Jeff Brown, Senior Vice President of Legislative and Regulatory Affairs at Charles Schwab; Barry Glassman, President of Glassman Wealth Services; Congressman Jeb Hensarling, Chairman of the House Financial Services Committee; and Bernie Clark, executive Vice President of Advisor Services at Charles Schwab.