When you seek guidance from a professional financial advisor, do you know to which standard your advisor must comply? Is it the lower “suitability” standard or the higher “fiduciary” standard? With the fiduciary standard, the registered investment adviser (RIA) is legally required to act for the sole benefit of and in the best interest of the investor client. The fiduciary … [Read more...] about Is Your Financial Advisor Legally Required to Act Only for Your Benefit?