A fiduciary’s responsibilities are both legal and ethical in scope. The bottom line, however, is that anyone who takes on a fiduciary role must act first and foremost with the needs of the client in mind.

Not all advisors are fiduciaries; in fact, many are not. Many brokers and advisors who receive commissions from the products they sell will do so using a less stringent suitability requirement with their own interest in mind.

Other advisors are fiduciaries some of the time, or only with certain accounts, but they do not have to act as a fiduciary all of the time. Many of them work for large financial firms where their primary duty of loyalty is to their firm first and their clients second.

We here at Evergreen Private Wealth are fiduciaries 100% of the time in every way. Because of our independence, our clients are our boss and our loyalty is to them.