Why work with a fiduciary advisor?
Suppose you are considering two financial products, most financial advisors could recommend to you the one that pays them a higher commission — even if it is not the better one for you. Importantly, a fiduciary advisor must recommend the product that is best for you and disclose any potential conflicts of interest.
There are 310,000 financial advisors in the US
Less than 10% of advisors are required to follow the fiduciary standard — a rule that legally requires financial advisors to act in your best interest.
Not all fiduciary advisors are equal
Approximately 31,000 advisors act as fiduciaries, but many of these financial advisors are dually registered or “fee-based” (not “fee-only”) — meaning they can act as both a broker and a fiduciary. Legally, they don’t have to tell you of their dual status or whether they’re acting as a fiduciary or a broker when working with you.
5,000 Fiduciary Fee-Only Advisors
The good news is you've found Runnymede, a “fee-only” registered fiduciary. Our fees are 100% transparent, and you'll always know that your interests come first.