Hi, I’m Roger Brooks with Strategic Investment Management.
If you’ve ever come across the word “fiduciary” and wondered what makes a fiduciary advisor different, then today’s video is for you.
A fiduciary financial advisor is legally and ethically obligated to act in your best interest. That means the advice you get is centered around one thing: what’s right for you.
Unfortunately, not all financial professionals are fiduciaries. Some operate under a different standard, called the suitability rule. This rule only requires that their recommendations be “suitable,” not necessarily the best option for your specific goals.
It’s a subtle difference that can have a huge impact on your ability to reach your goals.
Under the suitability standard, an advisor may receive hidden commissions that they may put before you. They do not have to disclose them. However, an advisor under the fiduciary standard has to fully disclose how they are compensated.
When you work with a fiduciary advisor, you get a long-term partner who is legally bound and personally committed to your success.
Strategic Investment Management is proud to be a fiduciary firm. We don’t push products, we don’t earn hidden commissions, and we don’t rely on one-size-fits-all strategies. Every recommendation we make is designed to move you closer to your goals. And we stay fully transparent at every step of the planning process.
If you’re ready for a financial plan built on trust and transparency, we’d love to talk. Contact our firm today to learn more.