What Does It Mean to Work with a Financial Advisor that is held to the Fiduciary Standard?
The CFP® Fiduciary Standard
Whenever a CFP® professional provides financial advice to a client, the CFP Board requires that professional to act as an investment fiduciary. In simple language, that means the advice must be given in the client’s best interest.
Put your interests first
Act with loyalty, care, and diligence
Fully disclose conflicts of interest
Provide advice that is in your best interest
This responsibility is not optional. It is part of the CFP Board’s Code of Ethics and Standards of Conduct.