Should you work with a fiduciary, and what does it mean to be a fiduciary? A financial advisor working under the fiduciary premise is bound by certifications and licenses to make transactions in the client’s best interest.
In this episode of the Secure Your Retirement podcast, we explain the importance of working with a fiduciary to manage your retirement investment. Listen in to learn the difference between a broker and a fiduciary, plus the factors that bind a fiduciary to act in the client’s best interest.
In this episode, find out:
The difference between suitability and fiduciary standards.
The certifications and licenses that bind an advisor to become a fiduciary.
Understanding what it means to be a fiduciary – doing what is best for the client.
The factors we consider when evaluating investments that best suit our clients.
Why you should ask your financial advisor upfront if they’re bound to the fiduciary standard.
“There are certain licenses and certifications that bind an advisor to become a fiduciary.”- Radon Stancil
“As a fiduciary, our responsibility is not just to look at one question; it’s also to look at everything surrounding that question in a very holistic manner to help you make the best decision for yourself.” - Murs Tariq
If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!