FWM is a “Fee-Only” advisor and serves as a fiduciary to all clients 100% of the time. This is in stark contrast to the traditional Wall Street firms. Here’s the difference:

• Fee-Only – Held to a Fiduciary Standard 100% of the time (there are no exceptions)

• Fee-Based – Held to a Fiduciary standard some of the time. Their dual registration allows them to work as commissioned salespeople who “represent” insurance or brokerage companies and sell their financial products.
  • When they recommend products, they are not held to a fiduciary standard but instead to the lower “suitability standard”.
  • If you see fee-based as opposed to fee-only beware!

While many advisors can be a fiduciary, you want to make sure they are a Fiduciary 100% of the time. At Foundation Wealth Management, we accept no compensation other than your advisory fee to better focus on recommendations that we believe are most beneficial to you. You hire us to work directly and exclusively for you.