Financial planners are professionals who help individuals and corporations meet their long-term financial objectives. Fiduciary advisors differentiate themselves by meeting the highest standards in the financial planning profession. Terms you may hear used in tandem with (or instead of) “fiduciary” include “fee-only” and “commission-free” — that means they do not get a kick-back for recommending a solution. Their only purpose is to look out for their clients’ overall financial well-being. For tips on selecting any financial advisor, follow these five easy steps, provided by NAPFA, the National Association of Personal Financial Advisors.
Originally published by NAPFA on November 28, 2022. Read full article here.
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