What is a Fiduciary Financial Advisor?
A fiduciary is defined by the legal and ethical requirement to put your best interest before their own.
Articles by FirsTrust
Happy Thanksgiving from FirsTrust
The entire FinancialTeam at FirsTrust wishes you a very Happy Thanksgiving.
The Types of Fiduciary Financial Advisors
Here we talk about the requirements to call yourself a fiduciary and the different types of fiduciary financial advisors, including: Fee-only fiduciaries. Certified financial planner fiduciaries. Registered investment advisor fiduciaries. Retirement advisor fiduciaries. Voluntary fiduciaries.
What Does a Democratic-Controlled Congress Mean for Financial Planning? Here’s What to Expect
……..It also means heightened enforcement around conflicts of interest through the SEC’s Regulation Best Interest rule that went into effect last year to restrict unsavory practices by brokers and making sure they put clients’ interests ahead of their own when making recommendations. That is a good development for individual investors and will accelerate the trend toward fee-only or fee-based financial advice……..
What You Need to Know Before Lending Money to Family
……Carefully consider what you’re entering into and take the time to determine whether the arrangement makes sense from a relational perspective and in terms of wealth planning…….