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FORM ADV PART II
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CONTACT US
We look forward to speaking with you about your financial needs. Click Here to go to our contact form.
(801) 355-5210
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| The mission of Certified Financial Planner Board of Standards, Inc. is to benefit the public by granting the CFP® certification and upholding it as the recognized standard of excellence for personal financial planning. |
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| NAPFA, the National Association of Personal Financial Advisors, is the nation’s leading organization dedicated to the advancement of Fee-Only comprehensive financial planning. |
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| A Financial Advisor held to a Fiduciary Standard occupies a position of special trust and confidence when working with a client. |
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FIDUCIARY |
What is a Fiduciary?
The Board of Directors, Representatives and Financial Advisors of NAPFA have adopted the following definition of Fiduciary: a financial advisor held to a Fiduciary Standard occupies a position of special trust and confidence when working with a client. As a Fiduciary, the financial advisor is required to act with undivided loyalty to the client. This includes disclosure of how the financial advisor is to be compensated and any corresponding conflicts of interest. |
The NAPFA Fiduciary Oath
NAPFA is proud to be the only financial services professional association that requires every member to adhere to a “Fiduciary Oath.” This oath is the guiding principle for all 1,600+ NAPFA members as they work with their clients every day. |
NAPFA’s Fiduciary Oath
The advisor shall exercise his/her best efforts to act in good faith and in the best interests of the client. The advisor shall provide written disclosure to the client prior to the engagement of the advisor, and thereafter throughout the term of the engagement, of any conflicts of interest, which will or reasonably may compromise the impartiality or independence of the advisor.
The advisor, or any party in which the advisor has a financial interest, does not receive any compensation or other remuneration that is contingent on any client’s purchase or sale of a financial product. The advisor does not receive a fee or other compensation from another party based on the referral of a client or the client’s business. |
Who is a Fiduciary?
Fiduciary responsibility does not arise only in the financial services industry. Professionals in other fields also are legally required to work in your best interest.
* CFP ® Practitioners and Financial Planners are held to a Fiduciary Standard if they are employed by a
Registered Investment Advisors (ria) firm or associated with an ria.
| Physician ............................................................................. |
Yes |
| Lawyer ................................................................................ |
No |
| Stockbroker ......................................................................... |
No |
| Insurance Agent ................................................................... |
No |
| Registered Representative ..................................................... |
No |
| CFP® Practitioner ................................................................. |
Maybe* |
| Financial Planner ................................................................. |
Maybe* |
| NAPFA-Registered Financial Advisor ..................................... |
Yes |
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