David Lenok is a senior editor for Wealthmanagement.com and Trusts & Estates. He's an attorney admitted to practice in New York and writes about general wealth planning issues.
A U.K. research firm finds U.S. advisors planning to drop small clients in wake of DOL rule "in an echo of what happened in the U.K." after that country banned certain commissions on advisor-sold funds.
Individual wealth has grown dramatically over the past century all over the world, but America will have to continue to be a workhorse if that trend is to continue.