Why being a Fiduciary is so important?

Have you ever heard the word fiduciary?  Have you ever heard anyone saying that before you speak with a financial advisor or anyone about finances, make sure that he/she is a fiduciary?

If you had, then keep reading.  If you haven’t keep reading too because I am going to explain what that means. 

Here is the definition that Investopedia have for a Fiduciary:

"A person or organization that acts on behalf of another person or persons to manage assets. Essentially, a fiduciary owes to that other entity the duties of good faith and trust. 

A fiduciary requires being bound ethically to act in the other’s best interest."

Anyone that is acting as your financial advisor or that is helping you with your finances requires a high level of ethics and above all, having your best interest in mind. 

Why is this important? 

First, because we are talking about money. 

Second, because trust should go both ways.  If a client is trusting anyone with...

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