Dallas County Living Well Magazine November/December 2016 | Page 45

SELECT A FINANCIAL ADVISOR WHO ACTS IN
YOUR BEST INTEREST
Financial advisors can be held to different standards when it comes to your money. Be sure to ask
and understand whether an advisor is operating under a
fiduciary standard, and therefore must make financial and
investment decisions in your best interest. A Registered Investment Advisor (registered and regulated by the U.S. Securities and Exchange Commission) is required to conduct
themselves in this manner. Other types of advisors, such as
brokers, are often only intermediaries between buyers and
sellers of investments. As such, their financial recommendations may be biased toward their own profit motives and
less toward yours. Select an advisor you feel comfortable

with, but one who legally must act in your best interest. Disclosure on this point is mandatory and should be transparent, so don’t be afraid to ask if the relationship is unclear
before committing to work with a financial advisor.
Sure, financial advisors charge for their services. But the
services and advantages they provide can translate into
quantifiable benefits for your portfolio and other aspects
of your personal financial situation. A knowledgeable and
experienced financial advisor, acting in your best interest, can save you time, prevent costly emotional reactions
to short-term market conditions, and keep you on track
toward achieving your long-term financial goals. That’s
true value!

At Portfolio Solutions®, we provide the full spectrum of wealth planning services
so that our clients can work confidently toward their long-term financial goals.
And our low-cost, index investment strategies allow our clients to keep more of
what the global markets offer, letting them focus on what matters most to them.
DALLAS COUNTY Living Well Magazine | NOVEMBER/DECEMBER 2016

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