This is what he's talking about :
DOL Fiduciary Rule: Everything You Need to Know | Investopedia
Not sure how or if it applies to your relationship with him though. If he is your 'advisor' even though you haven't made any moves with it he might have an obligation to 'advise' you. Or something like that.
Sounds to me like he's just trying to get you into an actively managed situation though.
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Last edited by Gogar; 12-30-2016 at 12:03 PM..
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