Savings and Investments

Financial Planners and Investment Advisors

Why is fiduciary responsibility important?

Because under the current guidelines established by the SEC, an adviser merely needs to meet the “suitability standard,” which means that advice “needs to be appropriate for the client,” rather than “in the client’s best interest.”


This is a web preview of the "The Handy Personal Finance Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App