SLIDE 1
2
Brokers vs. Fiduciaries 2 F I DU CI AR Y ( NOUN ) A fiduciary - - PowerPoint PPT Presentation
Brokers vs. Fiduciaries 2 F I DU CI AR Y ( NOUN ) A fiduciary - - PowerPoint PPT Presentation
K ELLY W EALTH M ANAGEMENT T HE F IDUCIARY S TANDARD Brokers vs. Fiduciaries 2 F I DU CI AR Y ( NOUN ) A fiduciary is an individual in whom another has placed the utmost trust and confidence to manage and protect property or money.
SLIDE 2
SLIDE 3
FI·DU·CI·AR·Y (NOUN)
3
A fiduciary is an individual in whom another has placed the utmost trust and confidence to manage and protect property or money. The relationship wherein one person has an
- bligation to act for another’s benefit.”
SLIDE 4
4
Insurance Salesman, Brokers, Bankers, Accountants…… Financial Advisor?
SLIDE 5
QUESTIONS TO ASSESS COMPATIBILITY:
5
- Are you planning based?
- What credentials does your team carry?
- How experienced are you/your team members?
- How do you get paid?
- What are your specialties?
- How large is your team?
SLIDE 6
SELF DEFENSE: TRUST BUT ALWAYS VERIFY
6
- Ask whether your investments are regulated or supervised by
independent third parties.
- Make sure you receive regular statements from independent
third-party sources – not just from your financial professional.
- If you invest in limited partnerships, real estate, or non-traded