INVESTORS
The goal of investing is to grow our assets, keep up with inflation, and provide income during retirement. We strive to educate those we work with, so that you understand all of the various options out there and you're confident that your investments are tailored to fit your goals, time horizon, and risk tolerance.
What is Fiduciary Duty?
Fiduciary duty is a legal and ethical obligation to act in the best interests of another party.
For financial advisors acting in a fiduciary capacity, this means putting your client's interests ahead of your own and providing advice and recommendations that prioritize their financial well-being.
Fiduciary duty establishes a relationship of trust and confidence between the advisor and the client, emphasizing transparency, loyalty, and prudence in all financial dealings. The financial advisors at Northeast Investment Services adhere to a fiduciary standard of care.
Key Components of Fiduciary Duty
1
Loyalty
Financial advisors must exhibit unwavering loyalty to their clients. This involves avoiding conflicts of interest and making decisions solely for the benefit of the client.
2
Prudence
Advisors are expected to exercise diligence and care in their recommendations. This includes conducting thorough research, staying informed about market conditions, and making informed decisions in the client's best interest.
3
Disclosure
Transparency is paramount. Advisors must provide clear and comprehensive information about fees, potential conflicts of interest, and any other relevant details to enable clients to make informed decisions.
4
Confidentiality
Maintaining the confidentiality of client information is a fundamental aspect of fiduciary duty. Advisors must prioritize the privacy and security of client data.
5
Duty of Care
This is the responsibility to inform oneself as completely as possible in order to exercise sound judgments that protect a beneficiary's interests. It can involve the thoughtful consideration of options and sensible decision-making that's based on a careful examination of available information.
6
Duty of Good Faith
This duty pertains to always acting within the law to advance the interests of the beneficiary. At no time should the fiduciary take actions that are outside of legal constraints.
Fee-Based Advisory
Our fee-based model ensures that our success is directly tied to your financial growth. This approach seeks to avoid potential conflicts of interest, as we don't earn commissions from financial product sales. Instead, our compensation is linked to the value of the assets we manage for you.
Key Advantages of Fee-Based Advisory:
1
Transparent and Understandable
Our fee structure is clear and straightforward. You know exactly what you're paying for, fostering trust and openness in our client-advisor relationship.
2
Independent Advice
Since our compensation isn't dependent on specific financial products, our recommendations are solely based on what we believe is in your best interest. This ensures personalized advice tailored to your unique financial situation.
3
Performance Driven
We succeed when you succeed. Our fee-based structure motivates us to consistently strive for optimal performance and financial growth, as our success is tied to yours.
4
Comprehensive Services
With our fee-based model, you gain access to a range of comprehensive financial services. From investment management to financial planning, our goal is to provide holistic support to help you achieve your financial objectives.
How Our Fee-Based Model Works
*Investing involves risk including loss of principal.
What we do?
Risk Analysis and Asset Management
College Planning
Insurance and Annuity Consulting
Estate Planning
Financial Checkups
401k Plans
We plan with a purpose.
We are dedicated to staying current and adapting to the ongoing changes in the world of financial planning. Our approach is to create an effective game plan around your goals and vision. We will work side by side as your life and financial situation changes.