Proud Fiduciaries

Proud Fiduciaries
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We are excited about the Department of Labor Fiduciary ruling!

The U.S. Department of Labor (DOL) is about to reveal the most significant change in the retirement and IRA marketplace – a controversial new rule intended to raise investment advice standards on retirement accounts. We think that is a good idea and should benefit the consumer.
The financial world is all a buzz about the upcoming announcement from the DOL about potential new fiduciary regulations. Have you heard about it? Things are going to change for the big wirehouses, insurance companies, brokers and agents. This rule will affect their bottom line and they way they used to do business.
Being long-term fiduciaries, we are happy to see the rest of the industry catching up. Putting our clients interest first has been how we’ve operated our business since the start. Why? To us, it’s the right thing to do, rather than being mandated to do it.
Brokers are currently held to the suitability standard. What’s the difference you ask? Those held the to fiduciary standard, like us registered investment advisors, we must do what’s legally in the client’s best interest. While those held to the suitability standard (the majority of financial people such as brokers) must do what’s suitable for the client. It’s like your doctor saying to you about your upcoming heart surgery “I can give you the best possible heart transplant or a suitable operation would work as well.” Which one would you chose?
We have always believed in fee transparency and keeping investment expenses & fees as low as possible. It’s your money and we want to have it working for you the best it can.
Lastly, since 2002, Bill has held the designation of a Certified Financial Planner® professional, which is seen as one of the premier designations in the financial industry. That designation requires the highest standard of care in the industry. We are proud of the comprehensive advice we provide, you, our clients.
We are grateful everyday for the trust our clients put in us. It’s an honor we value.
Lastly, since 2002, Bill Harris has held the designation of a Certified Financial Planner® professional, which is seen as one of the premier designations in the financial industry. The CFP® designation requires the highest standard of care in the industry. We are proud of the comprehensive advice we provide our clients.
If we can be of assistance to you, please reach out and let us know.
Helping widows rebuild their lives after the loss of a spouse. Love practicing yoga & golf. A connector. Strive to live by the Girl Scout Promise & Law.