Understanding the Key Differences Between Fiduciary and Financial Advisors

Reported 3 days ago

The article discusses the differences between fiduciary and traditional financial advisors, emphasizing that fiduciaries are legally obligated to prioritize their clients' best interests while traditional advisors operate under a suitability standard that may lead to conflicts of interest. Fiduciary advisors typically use transparent fee structures and aim to minimize conflicts, making them a safer choice for comprehensive financial planning.

Source: YAHOO

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