In this episode, Amy Walls discusses the importance of understanding fiduciary standards in financial services and how to choose a financial advisor who is legally obligated to always act in the best interest of their clients. We also discuss the three types of financial professionals: fee-only, commission-based, and fee-based/hybrid. Consumers should look for a Certified Financial Planner (CFP) professional to ensure fiduciary standards are met. Choosing a fiduciary financial advisor who acts in the best interest of their clients is crucial. Consumers can make informed decisions by understanding the different compensation structures and seeking a CFP professional.
For more information call (503) 610-6510 or reach out to Amy and her staff at Thimbleberry Financial HERE.