Who’s really responsible for managing, protecting, and overseeing your investments? In this episode of the Your Bread & Butter Podcast™, Andrew R. Beaudry, CFP® and Ryan T. Cummings, CFP® break down the key roles involved in your financial life — from Financial Advisors and Broker-Dealers to Custodians and, most importantly, you as the investor.

We discuss:• What a Financial Advisor actually does• The role of a Broker-Dealer and compliance oversight• How Custodians safeguard your assets and maintain records• The difference between Broker-Dealers and RIAs• Investor protections, regulations, and checks & balances• Why understanding these relationships can help you make better financial decisions

Whether you’re new to investing or simply want a clearer picture of how your accounts are managed behind the scenes, this episode provides a practical overview of the investment ecosystem and the responsibilities of each party involved.