This is our “How to pick a financial advisor” mini-series.  First, did you know that only roughly 15% of financial advisors are “fiduciaries”, meaning we are legally and ethically bound to act in the best interests of our clients.  The rest are operating their business under the “suitability rule”, meaning they don’t need to do what’s best for you, as long as it isn’t grossly inappropriate.  Some brokers may say that they “act” as fiduciaries, but that may hold no legal validity.  Dan discusses why it’s important to find a true fiduciary advisor, and how you can verify this information.