Being a fiduciary for our clients means that we seek the best results for our clients and put their interests ahead of our own. As fiduciaries, we act with undivided loyalty to our clients and disclose our method of compensation and any conflicts of interest that may emerge. This approach is advice based and contrasts with the “suitability” standard some financial professionals utilize as a means to distribute investment products for a sales commission, as long as a client qualifies for the purchase of a particular product or strategy, whether or not it is in the client’s best interest to do so. When you are entrusting yours and your family’s financial well being to a professional, we think it is in your best interests to work with a professional that is held to a fiduciary standard.
Whether it is your retirement planning, tax situation, estate planning or assets at multiple places, it is fundamentally important that your advisor truly understand you, your goals and your situation. Being an independent registered investment advisor (RIA) Seneca Financial Advisors is in a position to do that and we pride ourselves on strong personal interaction with our clients and dedication to their needs. We believe that our independence is key to offering investment advice based on what’s best for our clients. To learn more about what RIA stand for you, please click on the link below.