A fiduciary financial advisor is held to a strict fiduciary standard that means that they must always act in the best interest of their clients, avoid conflicts of interest and disclose any potential conflicts of interest and to provide all relevant facts to their clients.
Before you commit to an advisor, it is important to do your research and compare. Our free matching tool will match you with up to 3 to compare.
Financial Advisor tests include the Series 7, and Series 66 or Series 65. Some advisors go a step further and become a Certified Financial Planner, or CFP.
Some are “fee only,” charging a flat rate regardless of usage. Others take a percentage of all assets under management. Some earn commissions directly from mutual funds or other financial products, which presents a significant conflict of interest.