Are CFPs Fiduciaries? Secure Your Financial Future Now
What is a Fiduciary Duty? Protecting Your Financial Interests Are you considering hiring a financial planner? Understanding the legal and ethical responsibilities of your advisor is crucial. Certified Financial Planners (CFP® professionals) are fiduciaries. This means they have a legally-mandated duty to act in your best interest, prioritizing your financial well-being above their own. This article examines what constitutes a fiduciary duty, how CFPs adhere to this standard, and what you need to know to protect yourself....