Choosing the right financial planner can be a life-changing decision. When you partner with a CERTIFIED FINANCIAL PLANNER™ professional from Davis Capital Management, you can be confident knowing you have a highly trained professional who is committed to putting your interests first. Keep reading to learn more about partnering with a Fiduciary Financial Planner Near Rochester, MI.
The Fiduciary Standard
When it comes to managing your wealth, your financial relationships should be built on a foundation of trust, integrity and transparency. When seeking out a financial professional, consider narrowing your search to a financial planner who is a fiduciary. Financial planners that are held to the fiduciary standard have an obligation to act in the client’s best interest at all times.
A CERTIFIED FINANCIAL PLANNER™ makes a commitment to the CFP Board as part of their certification to provide fiduciary service to clients at all times. That means a CERTIFIED FINANCIAL PLANNER™ professional is dedicated to putting your best interest first when offering financial advice or financial planning services.
Three Duties of a CFP® Professional
A CFP® professional is committed to providing fiduciary care under the CFP Board standards. As part of that commitment, your CERTIFIED FINANCIAL PLANNER™ professional will fulfill the following three duties.
Duty of Loyalty
Adheres to the duty of loyalty at all times. Specifically, we’re committed to always putting your financial interests above the financial interests of our firm. We’re dedicated to avoiding conflicts of interest, fully disclosing material conflicts of interest, and obtaining consent to manage any conflicts of interest that arise in your best interests.
Duty of Care
As CFP® professionals, we’re committed to adhering to the duty of care as your fiduciary financial planner. That means we’ll act with care, diligence, and precision in all aspects of your financial planning. We’ll keep your financial goals, risk tolerance, and objectives at the forefront of every decision.
Duty to Follow Client Instructions
A commitment to comply with a client’s objectives, policies, restrictions, and agreed-upon terms under reasonable and lawful direction. That means we’ll follow your instructions and obtain consent to act on your behalf as a fiduciary financial planner. While we’ll provide insight and guidance on financial decisions, we’ll always follow your objectives and instructions on every decision.
Keep Reading: Retirement advisor near Rochester Hills
Looking for a Fiduciary Financial Planner Near Rochester, MI?
Choosing the right professional to manage wealth is a decision that shouldn’t be taken lightly.
When you select a CFP® professional from Davis Capital Management you’re partnering with a fiduciary financial planner committed to a strict standard of ethics. You can rest assured knowing that our financial guidance will be tailored to your specific needs and your interests will always be placed above the financial interests of our firm.
Contact us today to schedule an appointment at (586) 930-0039 Ext. 700.
Source: letsmakeaplan.org/how-to-choose-a-planner/fiduciary-duty-your-interests-should-come-first