Webinar: DOL Partnership Webinar by Ideas by Mike, LLC

About This Webinar

Solo Retirement Specialist and Financial Planners, Have You Heard of the DOL Fiduciary Rule?

I'm Mike Milligan, Certified Financial Planner and Coach for Agents just like you. I'm here to break down this game-changer in the world of financial advice and retirement planning. The Department of Labor (DOL) Fiduciary Rule is designed to protect consumers, this rule requires financial advisors to act in the best interests of their clients when dealing with retirement accounts.

The Fiduciary rule was updated in April with implementation in September of 2024. This update will require you to have trusted advice free from overcharge. Basically, an insurance only advisor overcharges. So unless you are an investment advisor representative, work with an investment advisory firm, or are with FINRA, you cannot provide advice that is free from overcharge.

Understanding the DOL Fiduciary Rule is crucial for solo insurance agents. Tune into this webinar and hear more details on what you need to know.

S. Michael Milligan

CFP®, AIF®, AIC

I got into this business at the age of 11 years old, sitting around the dining room table with my grandmother. She asked me to help count her money at the end of a long workday. She didn’t have a bank account so we stored her money in used coffee cans; I became her CFO at that young age.

She pushed me to be an entrepreneur and to help people. So, essentially my first client was my grandmother who sold collard sandwiches for a living. My investment philosophy really hasn’t changed. Count every penny, count every nickel, count every dime, count every quarter. And when you add them up at the end of each day, put a purpose to them.