Do you work with a fiduciary financial adviser? Should you? Many people do not know what it means to work with a fiduciary financial adviser. If you have ever felt unsure whether your financial advisor truly has your best interests at heart, you are not alone. Many people assume all advisers act as fiduciaries when, in reality, that’s not always the case.
For many individuals, working with a financial professional can prove beneficial. Especially if one lacks the knowledge, interest, and/or time, to manage his or her financial life on his or her own. However, if you want to work with a financial adviser, deciding who to work with is hard. After all, it can be difficult to find someone with the right qualifications and experience. Plus, you should strive to find someone you are comfortable working with on both a personal and professional level.
This post originally appeared at Apprise Wealth Management.