What Is A
Fiduciary Advisor?
What You Should Know About Fiduciary Advisors
97% of American think Advisors should be legally required to put their client’s best interest first.
Only 11.2% of Advisors in the United States
act as Fiduciary 100% of the time!
The problem… 89% of Advisors in the US are registered as Brokers! They are paid commissions and fees for selling products to clients on “only need the product to be a “suitable” fit basis (not in your best interest).
Brokers
A Financial Advisor who works at a Broker/Dealer or Insurance Company (or both).
They are paid commissions and fees for selling products to clients and only need the product to be “suitable” (not in your best interest).
89% of advisors in the US are registered as Brokers!
This isn't new.
Scholars, Researchers and PhDs agree that the price of the stock market goes up in long secular bull markets and falls in shorter but painful bear markets. You know this. I know this. Advisors know this. Everyone knows this. And yet almost all investment advisors ignore it.
Bull Markets happen 84% of the time. And bear markets 16% of the time. The entire financial advising industry knows investors are willing to take on more risk during stable, long term bull markets and little to no risk during bear markets. Again, every advisor knows this. And yet the entire industry ignores it.
Wealth management strategies fail for two reasons - (1) Advisors manufacture underperformance during those long, stable bull markets and (2) Advisors implement approaches that are good for their business model while deliberately choosing to ride out devastating bear markets all in the name of risk scores and model portfolios.
Investment portfolios should behave differently during bull markets when the price is stable and consistently trending higher than they do during bear markets, when markets are erratic and consistently falling. And not just own a static one-size-fits-all approach based on a reductive number and an outdated model portfolio.
There is a better way. When you are ready to add 10 good years, we can help you have a better retirement.