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Is Your Investment Advisor a Fiduciary or a Stockbroker? | Newport Capital Advisors

December 03, 2015
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What's the difference between an investment fiduciary and a stockbroker? An investment fiduciary is typically an independent business owner required to act in the best interest of his clients. A stockbroker is typically a sales representative and employee of a bank or brokerage firm who can sell whatever is "suitable" to his clients. The fiduciary is held to a higher standard. Make sure your advisor is a fiduciary. Our video further explains the differences and what it can mean to you as an investor. For more information, contact Charles Farrell at 888.657.3847 or leave a message in our question box.