The Importance of Being a Fiduciary Adviser

Transcript

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Fisher Investments is a fiduciary.
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We are registered with SEC and its a responsibility we take very seriously.
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In the most basic sense, a fiduciary is someone who acts on behalf of someone else.
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As it relates to the investment world, a fiduciary would typically be someone who is making investment
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decisions on behalf of another person.
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Not all financial advisors are fiduciaries.
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Many who call themselves advisors or financial advisors are not fiduciaries and may not be
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acting in the best interest of their clients.
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I think to be a fiduciary means in simple terms, to put the clients first.
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It means to avoid conflicts of interest, to think of our client's best interest first
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and above all else.
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When Ken Fisher started the firm 40 years ago, it was important to him from day one
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to build a firm that would always put clients' best interests first and to structure it so
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that legally and ethically we are bound to always do what's right for our clients.