Quote:
Originally Posted by retiredguy123
In my opinion, regardless of the legal fiduciary requirements, it is always a good idea to ask your financial advisor for a signed letter that clearly states that they will be acting as a fiduciary when providing advice.
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A lot of opinions here but until you reach out for yourself, you won’t know. We used Lance Larkin from Schwab here. He did not try to sell us anything, he did not push hard for anything. He referred us to their partner Frank Aguela who was just as good and nice. The fee is 1% and of course you sign an agreement and they are a fiduciary. It’s worth reaching out. We were in high risk and they were able to keep us in lower risk and still have growth.