Why a Fiduciary Duty Matters When Choosing a Financial Advisor Story

Why a Fiduciary Duty Matters When Choosing a Financial Advisor

Good financial advisors pursue certifications and take oaths to separate themselves from the pack.

[{"selector":"#anim-cf50a0e2-6cc1-4843-92cd-6fdf46678f8a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-acdc80c4-790d-4053-b930-43e6ce91e4f3","keyframes":{"transform":["translate3d(-115.92356%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read More

How can you benefit from working with a fiduciary financial advisor, compared to working with financial advisors that aren’t fiduciaries?

What is a Fiduciary?

Advisors who possess a fiduciary duty to their clients are required to put their clients’ best interests above their own at all times. Many people are surprised to find out that this obligation isn’t required of all advisors.

Fiduciary advisors have two main duties while managing money which include a duty of care and a duty of loyalty.

Different Types of Fiduciary Advisors

True fiduciaries typically work for Registered Investment Advisory firms (RIA) in accordance with the Securities and Exchange Commission’s Investment Advisors Act of 1940. Read More

A fiduciary financial advisor can uphold his or her fiduciary duties if the advisor is working virtually (online or Zoom), in addition to in person with you.

SWIPE UP NOW TO READ MORE

[{"selector":"#anim-f7876d5e-cdd5-4143-bbc6-fb05b13e612c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eb9885c3-f30c-4375-a5ee-1ca3663da0d6","keyframes":{"transform":["translate3d(-116.50794%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read More

MORE STORIES

[{"selector":"#anim-b9badd68-034a-4d4a-adeb-651a2c807481","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-75446645-d65c-45ef-bd71-ab2f642daa03","keyframes":{"transform":["translate3d(-124.35897%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5aaeb73d-2b0b-4d3d-a6e8-ee9ade836776","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d88fad90-fb85-4305-bc6a-bd2114d054c5","keyframes":{"transform":["translate3d(-123.71794%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The Many Money Mistakes of a Wealthy Doctor How to Teach Teens About Investing