Your Investment Adviser Has New Rules

So, what is a fiduciary? It’s quite simple, really. A fiduciary is any person whose recommendations for buying or selling allocations are in the client’s best interest. They are the people out there who give you that ultimate advice when it comes to contributions, distributions, IRA’s, annuities, insurance policies, and so much more. They are also the people who take compensation for giving you all this spectacular advice. However, at one time the people who doled out this data were not all certified fiduciaries.

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