Partnering with a financial professional helps provide the necessary guidance to reach your long-term financial goals.
In order to act in the best interests of clients, fiduciaries fulfill the following obligations:
- Duty of loyalty: This dictates that a fiduciary financial advisor must place the needs of the client above everything else, including their own and their employer’s.
- Duty of care: A fiduciary investment advisor must act with care and diligence while adhering to the goals and risk tolerance of their clients.
- Duty to follow client instructions: A fiduciary is required to comply with all objectives, policies, and restrictions during the client partnership.