Many people do not understand what fiduciary means- placing the interest of the client first! Many people are not aware of the differences between a Financial Advisor and an Investment Advisor. Let's briefly review these differences.

Let's start with financial advisors. First of all, there is no legal definition of a financial advisor. Anyone can call himself or herself a financial advisor. There are no licenses or requirements to be a financial advisor. Financial advisors are not a fiduciary and are not required to place the interest of you first.Any investment recommendations only have to be suitable for you, but not necessarily the best one for you. 

Let's now discuss an Investment Advisor. First, he or she must be registered with the Securities and Exchange Commission or a similar state regulator. An Investment Advisor is a fiduciary and is required to place the interest of you first. Investment recommendations must be in your best interest, not just suitable for you.

We are a Registered Investment Advisory firm with the Securities and Exchange Commission. We have always been a fiduciary and have always placed the interest of our clients first- now and always!