Loading the player...

“Get acquainted with independent financial advisors”

Independent Financial Advisors

Understanding fiduciary.

As fiduciaries regulated under the Investment Advisers Act of 1940, independent registered investment advisors are held by law to the highest standard of responsibility to their clients, therefore upholding them to always act in their clients’ best interests. This encourages a unique level of personalized service not always found in investor-advisor relationships.

Key benefits of
independent registered
investment advisors.

Customized guidance based on your entire financial picture

Independent advisors are not tied to any particular family of funds or investment products. So whether you need help with retirement planning, a tax situation, estate planning, or managing assets at multiple places, independent advisors have the freedom to choose from a wide range of investment options in order to tailor their advice based on what’s best for you.

A relationship that’s responsive, attentive, and personal

To offer advice closely aligned with your goals, independent advisors must first build a strong understanding of your situation. As a result, many independent advisors focus on building deep relationships with their clients. This often takes regular, ongoing interactions. And because many of these advisors are entrepreneurial business owners, they hold themselves personally accountable to their clients.

A fee structure that is simple and transparent

Independent advisors typically charge a fee based on a percentage of assets managed. This fee structure is simple, transparent, and easy to understand. It also gives your advisor an incentive to help grow your assets. When you succeed, your advisor succeeds.

A high level of expertise to support your complex financial needs

Independent advisors can help investors address the variety of complex investment needs that arise when you accumulate significant wealth. While specific services vary from firm to firm, they are often described as financial “quarterbacks” focused on your holistic financial picture. Some advisors are specialists in certain investment strategies. Others can assist you with comprehensive services, such as estate planning or borrowing, the sale of a business, complicated tax situations, trusts, and intergenerational wealth transfer.

Your money is held by an independent custodian, not the advisor firm.

Independent advisors use independent custodians, such as Charles Schwab and others, to hold and safeguard clients’ assets. For many investors, this provides a reassuring system of checks and balances – your money is not held by the same person who advises you about how to invest it.

Download more on independent financial advisors.

The Wall Street Journal: Thinking About Hiring an RIA? 10 Things You Should Know
Download PDF >

Brochure: 5 Key Benefits of Independent RIAs
Download PDF >