Your browser does not support JavaScript
Client Portal
      Monthly Newsletter
 

Fiduciary Duty

Since our inception in 1989, Total Wealth Planning has served our client families according to a Fiduciary Standard of Care. This means, by law, we must put our clients’ best interest first. This also means that we do not sell products or proprietary funds and we do not accept commissions, kickbacks, Caribbean vacations, or any other form of compensation beyond transparent fees paid by our clients. Our adherence to this Fiduciary Standard has allowed us to remain independent and free from potential conflicts of interest.

Fiduciary DutyThis distinction sets us apart from other salespersons who call themselves “advisors” who are only subject to a suitability standard. Under the suitability standard, a sale person may recommend any investment, insurance, or worse, as long as the investment can be deemed “suitable” for the client’s situation.

We believe that only advisors adhering to a Fiduciary standard can align firm and advisor interests with those of clients. For this reason, the Fiduciary Standard can be considered the ”gold standard” among financial advisors. How does your advisor stack up to this gold standard? Will your advisor sign the Fiduciary Oath that our team has?

According to the Investment Advisor Association (“IAA”), an investment adviser stands in a special relationship of trust and confidence with, and therefore is a fiduciary to, its clients. As a fiduciary, an investment adviser has an affirmative duty of care, loyalty, honesty, and good faith to act in the best interests of its clients. The parameters of an investment adviser’s duty depend on the scope of the advisory relationship and generally include:
  • the duty at all times to place the interests of clients first;
  • the duty to have a reasonable basis for its investment advice;
  • the duty to seek best execution for client securities transactions where the adviser directs such transactions;
  • the duty to make investment decisions consistent with any mutually agreed upon client objectives, strategies, policies, guidelines, and restrictions;
  • the duty to treat clients fairly;
  • the duty to make full and fair disclosure to clients of all material facts about the advisory relationship, particularly regarding conflicts of interest; and
  • the duty to respect the confidentiality of client information.
We’ve prepared a quick overview of what it means to be a Fiduciary, in our Fiduciary 101 handout.
 
10 Questions
5 Reasons to Think TWP
Field Guide to Choosing an Advisor
 
 

WE'VE BEEN LISTENING
FOR OVER 25 YEARS

Life brings many transitions. Find the right advisor to fit your needs on a fee-only basis, and take the first step in the journey. Total Wealth Planning's team of Certified Financial Planners® guides Cincinnati families and associates through transition.
 
Total Wealth Planning Associations
WE ARE PROUDLY ASSOCIATED WITH

CONTACT INFO


 

WHAT'S NEW AT TWP


       
CORPORATE EXECUTIVES

WEALTH-BUILDING FAMILIES

RETIREES

BUSINESS OWNERS
ECONOMIC OUTLOOK

BLOG & NEWS

VIDEO LIBRARY

   
4665 Cornell Rd. Suite 160, Cincinnati, OH 45241 4665 Cornell Rd. Suite 160, Cincinnati, OH 45241
513-984-6696 513-984-6696
info@twpteam.com info@twpteam.com
Quarter 3, 2018 Market Review
Monday, October 8, 2018


SEE MORE >

Follow us on Google+
Blog & News
Follow us on Twitter
Find us on Facebook
DISCLOSURES | COPYRIGHT © 2018. TOTAL WEALTH PLANNING. ALL RIGHTS RESERVED.
GET STARTED
READY TO
GET STARTED?