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Who's Got Your Back? - Show 28-1
May 01, 2012
A fiduciary puts a client’s interests first. The definition of a fiduciary is: a person to whom property or power is entrusted for the benefit of another. Unfortunately, the commissioned brokerage business is not currently held to a fiduciary standard, so it behooves investors to understand the differences between a commissioned salesperson and a fiduciary. Mark and Tom discuss three ways advisors get paid: Commissioned, Fee-Based, and Fee-Only. Fee-only Advisors are true fiduciaries.
Index Funds Advisors, Inc. — 19200 Von Karman
Ave., Suite 150 — Irvine, CA 92612
Call Toll Free: 888-643-3133 — Local Phone: 949-502-0050 — Fax: 949-502-0048 — Email:
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