At JCN Financial, we are proud to bear the name of a fiduciary financial advisory firm. What is a fiduciary financial advisor? Being a fiduciary means that we have a legal and moral responsibility to make decisions in your best interest when it comes to your high-net-worth financial planning.
As mentioned, any individual or firm that is a fiduciary is held to a higher standard of care that requires them to make financial decisions legally and ethically in good faith rather than for personal benefit. This includes disclosing and avoiding conflicts of interest, being fully transparent about results, and disclosing all information.
How do I know if my financial advisor is a fiduciary? The easiest way to know if your advisor is a fiduciary is to ask. From there, you can verify their status. If they are indeed fiduciaries, they will be registered with the Securities and Exchange Commission (SEC). Another thing to look for is whether they are working with an investment advisor representative (IAR). If so, then you can trust that they are fiduciaries.
If you are looking for a fiduciary financial advisor, look no further than JCN Financial. We are registered with the SEC as a fiduciary and offer business professionals, individuals, families, and retirees personalized experiences that help them build a better financial future.
Financial lingo can cause some confusion, especially when you see terms like fiduciary used on some advisory firms’ websites but not others. While you might naturally assume that most financial advisors are trustworthy partners, finding one that is also a fiduciary allows you to feel confident in that.
All financial advisors are held to Regulation Best Interest (Reg BI) at the very minimum. Fiduciaries, like JCN Financial, just take that level of ethical and legal obligation a step further. Unlike Reg BI, the fiduciary standard of care is legally binding, meaning that you can fully trust that your needs will be met first and foremost.
Other differences between a fiduciary and a financial advisor include:
What is a fiduciary financial advisor? Fiduciary financial advisors are legally obligated to provide you with accurate, honest, and thorough financial advice, placing your best interests before anything else.
At JCN Financial, a fiduciary financial advisory firm, you’re more than just a client. We value our relationships with those who trust us to set them up for financial success. Offering you this type of person-first care is embedded in who we are, but to back it up, we have taken additional steps to earn the fiduciary title, meaning that we are legally obligated to put your needs ahead of our own.
When you choose us for your wealth management, you’re gaining a partner who you can trust will put your best interests first through each and every financial planning stage.
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