A fiduciary financial advisor is a professional who is legally obligated to act in the best interests of their clients. This means they must always put their clients’ interests ahead of their own and make recommendations that are in their clients’ best interests.
Services Offered by Fiduciary Financial Advisors
Fiduciary financial advisors provide a wide range of services, including:
Investment Advice: The best fiduciary financial advisors in Wilmington can provide advice on how to best invest your money. This includes advice on stocks, bonds, mutual funds, and other investments.
Retirement Planning: Fiduciary financial advisors can help you plan for retirement by providing advice on how much to save, what types of investments to make, and how to maximize your Social Security benefits.
Tax Planning: Fiduciary financial advisors can also help you minimize your tax liability by providing advice on how to structure your investments and deductions.
Estate Planning: Fiduciary financial advisors can help you create an estate plan that ensures your assets are distributed according to your wishes.
Conclusion
Fiduciary financial advisors are held to a higher standard than non-fiduciary advisors. They must always act in their clients’ best interests and provide advice that is in their clients’ best interests. Fiduciary financial advisors provide a wide range of services, including investment advice, retirement planning, tax planning, and estate planning.