Fiduciary Promise
What is a Fiduciary?
A fiduciary is an organization or person who owes the duties of good faith and trust to another, other than themselves. Being a fiduciary means you are bound ethically to act in the other’s best interest. This is the highest legal duty of one party to another.
In the context of investment services, a fiduciary cannot put their own profits above the benefit of the client. That is the promise WealthFactor makes as a fiduciary wealth advisor. We are not beholden to a broker dealer, bank, or insurance company whose employees are loyal to them rather than the client.
WealthFactor's Commitment:
Operating through a Registered Investment Advisor with no broker dealer, bank, or insurance company affiliations, we are and will always be a fiduciary. We believe that having our client’s interest first maximizes the probability of successful outcomes.
We are proud to commit the following fiduciary principles:
- We will always put your best interest first
- We will act with prudence
- We will not mislead you
- We will avoid conflicts of interest
- We will fully disclose and fairly manage, in your favor, any unavoidable conflicts.
