<prompt> Human: Has anyone else received this call recently? Back before I knew anything, I got roped into the Northwestern Mutual thing at work and ended up rolling a 401k into an American Funds IRA. At this point, Ive paid the load, and have just been leaving the money there. All my other retirement savings is done on my own, through what Ive learned with the help of PF and others. I got a call a few weeks ago from the advisor telling me that because of the new fiduciary rule that the DOL has set to go into effect, all he cant hold his clients money fund side anymore and it all has to be held firm side. He said that the only difference for me is that I would get my statements from Northwestern Mutual instead of American Funds and that the yearly fee would increase from 20 to 50. I have skimmed through the fiduciary rule, and while it is complex with jargon, I am not seeing anything about firm side v. fund side. Is there any reason I cant just do nothing and keep my money where it is and keep getting statements from American Funds? Has anyone else dealt with this kind of call from NM? He said the money would remain in American Funds and the only thing different would be where the statements come from, but that doesnt seem right. Any help would be much appreciated.  <response>: You should fire him and move your funds to Vanguard and Fidelity. Consider any fees as a learning experience. 