Being a Fiduciary

Being a Fiduciary is a commitment and obligation                               to putting your financial interests first.

In theory, a registered representative should recommend only those investments that are the best option for a client, both in terms of suitability and cost.  Often this was adhered to as a principle of ethical planning. Sometimes, unfortunately, this was not the case.  Now, it is a legal requirement.

Several years ago, I earned the Accredited Investment Fiduciary® (AIF®) designation. This is in addition to my other certifications as a Certified Financial Planner® and Certified Wealth Strategist®.

The AIF® designation requires in-depth formal study, followed by a proctored exam and ongoing continuing education to maintain the certification.  The curriculum trains individuals in a structured process to organize, formalize, implement, and monitor investment selection and portfolio design.  Here is a handy sheet created by the Fi360 organization to document why U.S. News & World Report recognizes the AIF® designation as one of the top financial certifications.

It is still your responsibility to monitor your retirement accounts and meet with your financial advisor on a regular basis.  These new regulations may reduce costs and also help you to be more knowledgeable and informed when selecting an investment advisor.

Want to learn more?  Let's have a conversation.