From day one Dickinson Investment Advisors has held itself to the higher standard of being a fiduciary. We don’t charge commissions, take reimbursements, or pay undisclosed referral fees. We always make recommendations that we believe are in the best interests of our clients.
What is a fiduciary? A fiduciary is someone who puts his clients’ interests ahead of his own. Brokers and other financial providers that are not under the fiduciary standard only have to meet the suitability test, which means their recommendations need to be suitable for you – but not necessarily in your best interests.
We agree with President Trump’s directive on February 3 to delay the Department of Labor Fiduciary Rule. We don’t believe the government needs to enforce a fiduciary standard which costs us a lot of time and money to document our compliance with this standard.
However, we will continue to adhere to the fiduciary standard because it’s “the right way to treat our clients.”
[Financial Planning and Investment Management Services offered through Dickinson Investment Advisors, Registered Investment Advisor. Statistics and market information provided by Litman Gregory Advisor Intelligence.]