Elevate Your Fiduciary Game (Before It’s Too Late)

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I don’t understand why any investor would retain a financial advisor who isn’t a fiduciary.

All registered investment advisors are legally required to be fiduciaries1. They must eliminate conflicts of interest when possible and fully disclose those that exist. They owe an unfettered duty of loyalty to their clients, whose interest they must always place above their own.

Isn’t that standard of conduct the minimum investors should insist upon?

Unfortunately, many RIAs fall short of the obligations of a fiduciary, particularly with respect to how their fees are paid. A day of reckoning (lawsuits) is only a matter of time.