What Makes Us Different

Not all “financial advisors” are held to the same legal and ethical standards

Unfortunately, not all financial advisors are held to the same legal and ethical standards. We at Worth Advisors have the legal obligation to act as your fiduciary agent and to always do what is in your best interest. We adhere to the highest ethical standards as established by the CFP Board of Standards.

Unfortunately, only a small proportion of “financial advisors” are federally or state-registered RIAs. Most so-called financial advisors are considered “Broker-Dealers” by the Securities and Exchange Commission (SEC). Brokers are not held to a Fiduciary Standard; they are held to the lower Suitability Standard. In fact, they are required by federal law to act in the best interest of their employer, not in the best interest of their clients.

Because broker-dealers are not necessarily acting in your best interest, the SEC requires them to add the following disclosure to your client agreement.

Did you know?

If the disclaimer below appears in agreements you are signing, you ARE NOT working with a Fiduciary advisor.

Your account is a brokerage account and not an advisory account. Our interests may not always be the same as yours. Please ask us questions to make sure you understand your rights and our obligations to you, including the extent of our obligations to disclose conflicts of interest and to act in your best interest. We are paid both by you and, sometimes, by people who compensate us based on what you buy.”

Decide if this is the type of relationship you want to dictate your financial security