Important DOL Investment Information
SunTrust is supportive of the new Fiduciary Standard.
SunTrust supports the Department of Labor's Fiduciary Rule and its goal to help provide information that will allow you to make informed decisions about your financial future. The spirit of the Rule embodies our purpose, to help move Americans from financial stress to confidence. With purpose driving our business and client interactions, our teammates are primed for the changes that will be implemented in April 2017.
Putting you first is not new to SunTrust.
SunTrust has expertise with the Fiduciary Standard. For more than 100 years, SunTrust has provided Fiduciary Services to support client needs. The new DOL Fiduciary Rule extends the application of the Fiduciary Standard to all retirement investors including Individual Retirement Accounts (IRAs). The Rule will further require careful consideration of decisions to either transfer out of, or roll over from, employer-sponsored retirement plans into IRAs. In the coming weeks and months, we will provide additional information about our products, product pricing, how advisors are paid, etc.
Regulatory changes are a constant in the financial service industry.
At SunTrust, our teammates are well-positioned for the changes required under the Fiduciary Standard.
In the meantime, we will continue to provide the thoughtful advice and counsel needed to help individuals achieve financial confidence.