I was honored to help US News and World Report recently in their article “How to Get Reliable Retirement Planning Advice” with an important topic that is causing some friction in our industry right now. The public is having their eyes opened to the importance of having a fiduciary relationship with their financial advisor, however, it is looking like the fiduciary rule could possibly get postponed. Not all brokerage firms and advisors want to be subject to the fiduciary rule. I am a fiduciary, and I share my thoughts on how to find quality, fiduciary advice.
The advice that I share is to “Look for a seasoned advisor who has been in the business through a market cycle or two, is a fee-only fiduciary and a certified financial planner who works primarily with clients like you.”