Fiduciary Duty: The highest level of care

Fiduciary Focus: Your Trusted Financial Guidance

In your search for a financial advisor, prioritizing fiduciary status is paramount. A fiduciary's obligation to act in your best interest fosters trustworthiness and reliability in financial advice. Here's a concise guide to understanding fiduciaries, their duties, and how to ensure your advisor meets these standards.

What is a Fiduciary?

A fiduciary is ethically bound to prioritize your interests, making them a reliable choice for managing your assets. Typically, financial professionals with Series 65 or 66 licenses adhere to fiduciary standards, and you can verify their status through resources like FINRA Broker Check or the SEC website.

Understanding Fiduciary Duty

Fiduciary duty mandates acting honestly and diligently for your benefit, ensuring you receive the best possible financial guidance. This obligation mirrors the ethical principles of professions like medicine, emphasizing trust and integrity.

Are All Financial Professionals Fiduciaries?

Not all financial professionals operate under fiduciary standards, but all investment advisors registered with the SEC or state securities regulators must do so.

Determining Fiduciary Status

To confirm if your financial advisor is a fiduciary, utilize resources such as the SEC site or FINRA Broker Check. Additionally, inquire about their compensation structure, qualifications, and the types of clients they typically work with.

Vetting an Advisor

Requesting a financial advisor's Form ADV provides valuable insights into their business practices and any potential conflicts of interest. Seeking recommendations from trusted sources and checking for multiple state registrations can also aid in the vetting process.

Take Action Today

Your financial future deserves careful consideration. Schedule a free consultation with us to discuss your needs and explore how our fiduciary approach can benefit you. Let's start planning your path to financial success together.