Why You Need a Fiduciary
Not all advisers are the same. Some must meet the fiduciary standard and give recommendations in your best interest. Others meet the less stringent suitability standard, meaning the recommendation must be only be suitable for a client. Tradition, an SEC Registered Investment Adviser (RIA), operates as a fiduciary. We are required to put our clients first. Read the Bloomberg article, “The ‘Fiduciary Rule’ May Sound Boring, But Its Collapse Threatens Your Retirement,” on why this distinction is so important when choosing an adviser.
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