What makes an independent advisor (like Silver Maple Financial) different from others?
An independent advisor is paid directly by you to work for you. The compensation structure is therefore, set-up to make you, the client, the number one priority. An independent advisor, since he/she is paid directly by you, is financially motivated by your satisfaction alone. He/she is therefore free to select the very best for you without having to worry about a conflict with his/her own compensation. If the compensation comes only indirectly from you (as in a sales commission, or “load” for a mutual fund, annuity fees, etc.), then something else is the top priority (namely selling you whatever brings the commission), and a conflict of interest is the result. If the best product for you is one that doesn’t pay the advisor a commission, do you think that you will be offered that product? Probably not. A: Another difference–An independent advisor is truly independent. He/she is not beholden to any particular company or investment product. Since the independent advisor has no obligation
Related Questions
- What unique characteristics about Silver Maple Financial (as compared to other advisors, and particularly, independent investment advisors) can enhance benefits to you as a client?
- What are the benefits of using an Independent Financial Advisor when I can deal directly with an investment fund house?
- What makes an independent advisor (like Silver Maple Financial) different from others?
