WrapManager's Wealth Management Blog

When life changes, we can help you thoughtfully respond.

Are You Working with a Fiduciary Investment Advisor?

Posted by Gabriel Burczyk | CEO

February 3, 2016

Here’s a fact about financial advisors (NOT Investment Advisors) that may surprise you: they do not necessarily have to act with your best interests in mind. Please, take a moment to shake your head in disbelief. It’s ok. 

Actually, it’s not ok! The way the law exists today, advisors and brokers can be classified in one of two ways. Either they give you investment advice according to the fiduciary standard, or they adhere to what's known as the suitability standard. It’s the latter one that can be problematic, and it’s also the growing subject of legal debate as the White House and Department of Labor consider new rules. Below, we broke down what you need to know now and what to look for ahead. 

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Investment Planning Hiring a Financial Advisor

Wells Fargo Advisors - Investor Concern Easing

February 2, 2016
 Wells Fargo Advisors Advice and Portfolio Specialist Group comments on concern over oil prices and a mostly positive earnings report. ... [+] Read More

Federated Investors - Q4 Strategic Value Dividend Commentary

January 26, 2016
The Federated Strategic Value Dividend Q4 Commentary reviews the end of 2015 including an assessment of the uncertainty caused by oil ... [+] Read More

Announcing: WrapManager's Q1 2016 Top Equity Money Manager Picks

January 21, 2016
There are literally thousands of money managers out there. If you’re trying to figure out which one (or ones) is right for you to help you ... [+] Read More

Concerned about Market Volatility? Time to Reassess Your Risk Tolerance

January 20, 2016
The stock market has gotten off to one its worst starts ever for a year—on last Friday alone, the S&P 500 and the Dow Jones were both down ... [+] Read More

Wells Fargo Advisors on Lingering Uncertainty, Volatility and Interest Rates

January 19, 2016
Wells Fargo Advisors Advice and Portfolio Specialist Team review the end of 2015 in their December Market Recap. [+] Read More

Human Capital and Your Investment Portfolio - Doug's Quiz Corner

January 13, 2016
Quizmaster, Doug Hutchinson, has come up with another great quiz for us regarding the potential effect of human capital on your investment ... [+] Read More

Lower Your Taxes in 2016: Take Advantage of Tax Deductions and Credits

January 13, 2016
A new year is a fresh slate in many ways, including the way you manage your taxes. There are numerous tax deductions and tax credits ... [+] Read More

ClearBridge Investments - 4th Quarter Review

January 12, 2016
ClearBridge Investments, a Legg Mason company, addresses 2015 market volatility in their 4th quarter market overview and outlook.  [+] Read More

Federated Investors - 2016 Outlook

January 7, 2016
Federated Investor's Senior Equity Strategist, Linda A. Duesse discusses oil prices, earnings, election years, the Santa Claus Rally (SCR) ... [+] Read More
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