What’s Next for the Best Interest Economy?

There are two kinds of financial professionals — advisors who act in your best interests and charge a fee to you, and salespeople who sell financial products (much like other products are sold) and will earn fees or commissions based on what they sell you.

If you choose an advisor, it’s the advisor’s responsibility to act in your best interests, fully understand your needs and recommend the right solution with zero conflict of interest.

If you choose a financial consultant, it’s your responsibility to compare different choices and fee structures and buy the product that fits you, just like when you buy a car, a house or a new TV.

I am an advisor, not a financial consultant. So it’s my responsibility to act in your best interests, and I pledge to do so.

–or–

I am a financial consultant, not an advisor. So it’s your responsibility to choose the best product that fits you, and I’m here to educate you on your choices and answer your questions honestly.

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