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In April 2016, the Department of Labor (DOL) issued its final rule redefining fiduciary advice for ERISA plans and Individual Retirement Accounts (IRAs). This rule marks the biggest regulatory change the financial services industry has experienced in decades. The implications of this rule will be both broad in scope and significant in impact. This is true for virtually all financial services firms, regardless of whether you are a fee-based advisory, insurance specialty or multi-disciplinary practice. Rybka has been at the forefront of both trying to mitigate the effect of this rule and preparing advisors for the rule’s impact. With almost 30 years of experience in assisting advisors, he has been active in advocacy for the industry and addressing regulatory issues. Join him for an engaging discussion on details of the final rule, strategies for complying and best practices for running your business in the aftermath.

Biography

Rybka is president and CEO of ValMark Financial Group, which serves 120 premier independently-owned wealth management firms in 31 states. Over the last 29 years, Rybka has authored more than a dozen articles in U.S. financial industry journals about the future of financial advice and has been invited to address every major industry meeting, including MDRT, Top of the Table, Forum 400, AALU and ACLI. He has served on the boards of AALU, the MDRT Foundation and the CFP Board of Standards. Since leaving the AALU board, Rybka has been asked to be regulatory reform chair twice. As part of his advocacy work on behalf of the industry, he has lobbied key members of Congress on both the SEC best interest standard and now the DOL Rule.