There's too much complexity” in the regulatory environment for owners who lack the bandwidth to analyze it as closely as they'd like or the deep pockets to invest in compliance.”
Paul Lally, president, Gladstone Associates
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Summary: The DOL fiduciary rule, already expected to spur consolidation in the broker-deal industry, could also hasten mergers in the registered investment adviser space.
There's too much complexity” in the regulatory environment for owners who lack the bandwidth to analyze it as closely as they'd like or the deep pockets to invest in compliance.”
Paul Lally, president, Gladstone Associates
|
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