Fiduciary advice is the kind that's in your best interest. Unlike Betterment, some financial companies give you advice that doesn't have your best interests at heart. Who knew we'd need to qualify "advice," right? Learn how to find fiduciary advice.
What Is A Fiduciary?
A fiduciary is a person or institution that is required to act in the best interest of another person when managing their financial life. Here’s why that can be important.
Bogle on the Importance of a Fiduciary Duty for Money Managers
Jack Bogle describes his strongly held views on fiduciary duty. In his words: “If you touch another person’s money, you [should be] a fiduciary.”
Conflicts of Interest Can Be Buried Deep In Your Investing Choices
Re-examining how and where your money is invested can reveal misalignments between your interests—and an intermediary’s profits.
Why The Fiduciary Rule Matters
The fiduciary rule will help to ensure that financial institutions act in investors’ best interests when providing retirement advice.
All Investors Deserve Unconflicted Advice
Betterment supports the Department of Labor’s proposal to extend the fiduciary standard to anyone offering advisory services for retirement accounts. We believe that only unconflicted service is worthy of being called ‘advice.’