Why Work With a Fiduciary Financial Advisor?

Physicians are considered Fiduciaries where it is considered their legal responsibility to act in the best interest of their patients. A financial advisor who is a fiduciary has the same level of legal responsibility towards his/her clients. It is very surprising that not all financial professionals are fiduciaries. In fact, according to a survey conducted by PBS frontline, only 15% of the financial professionals meet the fiduciary standard.

If your net worth is over $2 Million then you will most likely have sophisticated financial planning needs and between career and family will also be pressed for time. In this case, hiring a competent fiduciary Financial Advisor can be of great value. Look for a fiduciary advisor who can deliver wholistic planning and is especially knowledgeable in areas like estate planning and tax saving.