WiserAdvisor

JUNE 12, 2022

For example, some advisors are paid via commissions on the sale of financial products like stocks, mutual funds, policies, etc. For example, if they sell a certain insurance product to you, they might be getting kickbacks from the insurance company for making the sale. Ensure that the financial advisor is bound by fiduciary duty.

Financial Advisor 52

Financial Advisor Fiduciary Duty Commission Financial Planning 52

Walkner Condon Financial Advisors

APRIL 21, 2023

Fee-Only financial advisors and firms receive no sales-related compensation or incentives. It is one of the most recognized and respected financial planning certifications in the industry. Additionally, CFP s must adhere to ethical and professional standards, including a fiduciary duty to act in the best interests of their clients.

Certified Financial Planner 52

Certified Financial Planner Financial Advisor Fee Only Financial Planner 52

Sara Grillo

AUGUST 14, 2023

The standard, however, is often used haphazardly, invoked as a sales tool by dual-registered advisors who want to virtue signal, only to be abandoned in a legal context by those same advisors who backpedal into being “just a salesperson.” The word “fiduciary” is not a marketing term, not just something you throw out there to virtue signal.

Financial Advisor 52

Financial Advisor Fiduciary Duty Insurance Financial Advice 52

Walkner Condon Financial Advisors

APRIL 17, 2023

Fee-Only financial advisors and firms receive no sales-related compensation or incentives. It is one of the most recognized and respected financial planning certifications in the industry. Additionally, CFPs must adhere to ethical and professional standards, including a fiduciary duty to act in the best interests of their clients.

Fee Only 52

Fee Only Financial Advisor Certified Financial Planner Commission 52

WiserAdvisor

AUGUST 18, 2023

Moreover, fee-only advisors are often viewed as fiduciaries, which means they are legally obligated to act in their client’s best interests. A fee-only fiduciary financial advisor has a fiduciary duty to put the client’s needs first, ensuring you get the highest level of transparency.

Financial Advisor 52

Financial Advisor Commission Fee Only Financial Planning 52

WiserAdvisor

MAY 31, 2022

Also, be careful about giving your financial documents like tax certificates, government identity cards, etc. Moreover, indicating a shortage or situation of fast-sale could intimidate you into making a hasty decision. Watch out for sales pitches that convince you to buy an investment product because everyone is doing it.

Investing 52

Investing Investments License Accounting 52

Good Financial Cents

JUNE 11, 2023

We accept a fiduciary obligation to act in your best interest, and our advice must be aimed at making money for you, not for us. Fiduciary duty means the party has a legal obligation to put your interests above their own. This is absolutely key with any financial advisor you talk to, whether in person or online.

Management 80

Management Investing Investments Wealth Management 80