Fiduciary Advisors
Our Investment Adviser Representatives are required to act as fiduciaries at all times with their clients. This means these advisors must act in their client’s best interest and always place the interests of the client above any personal interest.
Most notably, fiduciary advisors are fee-only and receive compensation solely from their clients. This means they do not receive commissions from investments, products, or services they may recommend in the course of their advice. Furthermore, a fiduciary advisor must clearly disclose conflicts of interest when and if they arise.
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.
Your money is held by an independent custodian, not Wise Oak Wealth
Independent advisors use independent custodians, such as TD Ameritrade and others, to hold and safeguard clients’ assets. 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. TD Ameritrade sends monthly statements and tax documents to keep you abreast of the changes in your portfolio.
