What Is A Fiduciary?
Simply put, a fiduciary is someone who has a legally enforceable obligation to put your interests first. In the investment community, a fiduciary will always make sure that you are getting the best investment for your situation. This is different from most of the large broker-dealer companies that are only required to offer you a suitable investment option. There can be a big difference between what’s best for you compared with what’s merely suitable for you.