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How to Find a Fiduciary Financial Advisor

Darrow Wealth Management

For non-fiduciary financial advisors, recommendations may only need to be suitable , not necessarily in the client’s best interest. Hybrid firms can switch between their status as a registered investment advisor and brokerage, which can be problematic for individuals seeking unbiased financial advice.

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Pennsylvania Advisor Who Used Client Funds on Country Club Dues Gets 8 Years in Prison

Wealth Management

Mason, who ran Rubicon Wealth Management, a registered investment advisor in Gladwyne, Pa., and Orchard Park Real Estate Holdings, was originally charged in January by the Securities and Exchange Commission and DOJ. Mason was also ordered to pay nearly $25 million in restitution to his victims and nearly $2.4 million to the IRS.

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Why HNIs are moving towards a fee-only advisory model?

Truemind Capital

For managing a single portfolio size of INR 100 Cr, he gets commission in the range of INR 1-1.5 For the uninitiated, the traditional wealth management industry is based on generating commissions by selling investment products. Therefore, having an advisor by their side whom they can rely upon is highly valued.

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How to Find a Fee-Only Financial Advisor

Darrow Wealth Management

Fee-only firms are unique as they do not receive commissions from selling financial products, such as insurance policies or investment products. Fee-only financial advisors are often registered investment advisors too, meaning they have a legal duty to act in the clients best interest. Independent firm.

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Financial Check Engine Light: How to Know When It’s Time to Revisit Your Plan

Tobias Financial

Tobias Financial Advisors is registered as an investment advisor with the SEC. SEC registration does not constitute an endorsement of the firm by the Commission, nor does it indicate that the advisor has attained a particular level of skill or ability.

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Why Gen 2 Advisors Are a Flight Risk

Wealth Management

According to a recent survey commissioned by Kestra Financial and Bluespring Wealth Partners, less than half (41%) of first-generation advisors have transferred equity to successors, and just 6% of those planning to retire within 10 years have a fully documented succession plan.

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Heavy Weights: The Real Story Behind Current Market Concentration

Financial Symmetry

Source: Avantis Investors is an investment advisor registered with the Securities and Exchange Commission. Focus on Horizon: Tuning Out the Noise with Valuations and Returns. August 2023. Diversification does not assure a profit, nor does it protect against loss of principal. Download this blog post as a PDF