In the context of Financial advice, Fiduciary means CLIENT FIRST. It is not enough to know that your advisor serves the needs of his firm first, and you second. You need to examine your financial relationships to discover where the incentives of your Financial Advisor lie.
Very simply, the word Fiduciary means trust and confidence. We are an independent investment advisor registered with the state of Illinois. In contrast to brokers, independent fee only advisors (RIA’s) are always legally required to act as fiduciaries to their clients.