Check out the video below to see the best questions to be asking your financial advisor for a WorryFree Retirement®
Savers often wonder if an advisor can make commissions AND be a fiduciary. We can clearly answer this question by saying – YES! A fiduciary can make commissions while working in your best interest! The definition of fiduciary is, “of, relating to, or involving a confidence or trust: such as a held or founded in trust or confidence in both a relationship and an obligation to work in another’s best interest.”
The key difference between an agent/advisor and a fiduciary is that fiduciaries are required by law to act in your best interest when suggesting investments and decisions in your retirement planning.
We compiled a list of questions that all Savers should be asking their advisor to ensure retirement planning decisions are being made in their best interest: