What is a Fiduciary?
A fiduciary advisor is required to act solely in their client’s best interest. Commas advisor, Josh, tells us that this means when you #usecommas, you can trust that the advice you receive is made for the betterment of you, not the advisor.
“Fiduciary is a major buzzword in our industry right now but I think a lot of people don’t necessarily understand what that means. Fiduciary is someone who is obligated to act in the best interest of clients. Surprisingly, not all financial advisors are fiduciaries. They might not be obligated to act in the best interest of a client, which is pretty shocking.
One thing that we pride ourselves on at Commas is that we are fiduciaries, so we are always going to be doing what’s in the best interest of our clients, giving the advice that makes sense for them, not necessarily what makes sense for our bottom line. We’re always going to be acting as a fiduciary so you can trust that the advice we’re giving is in the best interest of the client.“