InSight

4 reasons to work with professional fiduciary

Financial Planning Dentist

As an investor, it’s important to work with someone who has your best interests in mind. That’s where an Accredited Investment Fiduciary® (AIF®) comes in. An AIF® is a financial professional who has undergone specialized training in fiduciary responsibility and investment management through the Fi360 Designee process which is accredited by the American National Standard Institute (ANSI).

The fiduciary role is an essential aspect of financial advising, requiring a high level of ethical responsibility to prioritize the interests of the client above all else. However, simply claiming to be a fiduciary is not enough. The process associated with being an Accredited Investment Fiduciary® (AIF®) elevates fiduciary responsibility to a science, complete with a rigorous process and discipline essential to the act of truly being a fiduciary. By undergoing specialized training and adhering to strict standards of due diligence, risk management, and regulatory compliance, an AIF® provides a level of expertise and commitment to their clients that goes beyond simply claiming to act in their best interests. The AIF® designation represents a proven commitment to the science of fiduciary responsibility and a dedication to helping clients achieve their financial goals.

Here are a few reasons why it’s important to work with an AIF®:

Fiduciary Responsibility

An AIF® is held to a high standard of fiduciary responsibility. This means that they are legally and ethically obligated to act in their client’s best interests. This includes putting your financial goals and interests ahead of your own. By working with an AIF®, you can have confidence that your investments are being managed in a way that aligns with your long-term goals.

Specialized Training as a Professional Fiduciary

To earn the AIF® designation, financial professionals must complete specialized training in investment management and fiduciary responsibility. This training covers topics like investment due diligence, risk management, and regulatory compliance. By working with an AIF®, you can be confident that your financial advisor has the knowledge and expertise to help you make informed investment decisions.

Objective Advice

An AIF® is committed to providing objective advice to its clients. They are not incentivized to sell specific products or investments, so you can trust that their recommendations are based solely on your needs and goals. This can help you avoid conflicts of interest that can arise with other types of financial advisors.

Peace of Mind

Investing can be complex and overwhelming, especially if you’re not familiar with the world of finance. By working with an AIF®, you can have peace of mind knowing that your investments are being managed by a qualified professional who has your best interests in mind.

We know working with an Accredited Investment Fiduciary® (AIF®) can provide many benefits for investors. From fiduciary responsibility to specialized training, objective advice, and peace of mind, an AIF® can help you make informed investment decisions that align with your long-term goals. So if you’re looking for a financial advisor, be sure to consider working with an AIF®.

More related articles:

Investment Bias: Mental Accounting

Mental accounting occurs when a person views various sources of money as being different from others. This looks different for different people, but a few examples are money earned at a job may be viewed differently than money from an inheritance, or money as income from stocks different from income

Read More »
Articles
Kevin Taylor

Divorce Playbook: Remember inflation and accountant for it

It is important to remember that all goods and services inflate over time, but they don’t inflate at the same rate. Healthcare and Education have been, by far, the most inflationary elements of financial life for decades. The rising costs of education and healthcare are seemingly limitless. So, if your

Read More »

Pin It on Pinterest