What is a fiduciary?
Fiduciary investments are those where the financial advisor is required to put the client's interests ahead of their own. Basically, the advisor must act as a fiduciary in every situation involving a recommendation or investment advice. This means they must disclose all potential conflicts of interest and always choose investments that are in the best interest of the client. Fiduciary investments can include a wide range of assets, such as stocks, bonds, mutual funds, and more.
Why fiduciary matters.
Fiduciary investments matter for many reasons, but the most important one is that it ensures that your financial advisor is always acting in your best interest. This can result in lower fees and better investment returns, which can help you achieve your goals faster. Additionally, fiduciary duty helps protect investors from unscrupulous financial professionals who might recommend investments that benefit themselves more than their clients.
In addition to the peace of mind that comes with knowing your advisor is acting in your best interest, fiduciary investments can also provide the following benefits:
At Hexagon Capital Partners, we take fiduciary duty seriously, which is why we always act in the best interest of our clients. We provide comprehensive wealth management services, including investment strategies, risk assessments, and retirement planning. Our goal is to help clients build a long-term, successful investment portfolio that complements their overall financial plan. We also offer ongoing support and advice to ensure that clients are always on the right track to meet their goals.
because fiduciaries are required to act in the best interest of their clients, they can’t charge excessive fees that could harm client returns.
because fiduciaries are required to fully disclose any conflicts of interest, clients can have confidence that their advisor is being transparent about their motives and decisions.
because fiduciaries must always act in the best interest of their clients, which can help provide a consistent investment approach over time.