3. Different types of financial advisors

Do You Need a Fiduciary?

One of the most important factors to consider when choosing a financial advisor is whether they are a fiduciary. A fiduciary is someone who’s bound to do what’s best for your finances — not theirs. Using a fiduciary, you know that the advice and recommendations you get are meant to help your finances and not pad the commissions for your advisor.

In the end, choosing a financial advisor can be a big decision that impacts your ability to make the most of your money. Once you understand what you’re getting, you can make a choice that’s best for you.

Leave a Reply

Your email address will not be published. Required fields are marked *