Please reach us at info@aspiredwealth.com or see our Contact Us page if you cannot find an answer to your question.
A fiduciary financial advisor is a professional who is legally and ethically obligated to act in the best interests of their clients. This means they must prioritize their clients' interests above their own and provide advice and recommendations that are solely in the clients' best interests. Fiduciary advisors are required to disclose any potential conflicts of interest and must avoid engaging in any activities that could compromise their objectivity or integrity.
This distinction is crucial because not all financial advisors operate under a fiduciary standard. Some may adhere to a suitability standard, which means they only need to recommend products that are suitable for their clients' financial situations, even if those products may not be the best option available.
Choosing a fiduciary financial advisor is important because it ensures that you are working with a professional who is committed to acting in your best interests and providing you with transparent and trustworthy advice. This can help you make more informed financial decisions and achieve your long-term goals with greater confidence.
Pros:
Cons:
Sign up to receive our latest financial planning blog posts!
Aspired Wealth is a registered investment adviser in the State of Colorado & Texas. The Adviser may not transact business in states where it is not appropriately registered, excluded or exempted from registration. Individualized responses to persons that involve either the effecting of transaction in securities, or the rendering of personalized investment advice for compensation, will not be made without registration or exemption. Being registered as an investment adviser does not imply a certain level of skill or training.
All content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. Nor is it intended to be a projection of current or future performance or indication or future results.
Opinions expressed herein are solely those of Aspired Wealth and our editorial staff. The information contained in this material has been derived from sources believed to be reliable but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation.
Aspired Wealth not affiliated with or endorsed by the Social Security Administration or any other government agency.
Securities offered through Charles Schwab, Member FINRA/SIPC. Aspired Wealth and Charles Schwab are separate entities, independently operated.
The information contained herein should in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than the State of Colorado, Washington, Texas or where otherwise legally permitted.
Images and photographs are included for the sole purpose of visually enhancing the website. None of them are photographs of current or former Clients. They should not be construed as an endorsement or testimonial from any of the persons in the photograph.
Purchases are subject to suitability. This requires a review of an investor’s objective, risk tolerance, and time horizons. Investing always involves risk and possible loss of capital.
Copyright © 2024 Aspired Wealth - All Rights Reserved.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.