Retirement Quick Tips with Ashley

What is a Fiduciary & Why Should You Care?- Ep. 498


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Welcome to a new week and a new theme here on the One Minute Retirement Tip! 

This week, I’m talking about the F word. No, not that F word! I’m talking about the other F word: fiduciary.

What is a fiduciary and why should you care? I’ll talk about the fiduciary standard as it applies to financial advisors, planners, insurance salesmen, and even the advisor at your bank. As an investor, you can empower yourself by better understanding what motivates the people you hire to provide financial advice and sell financial products. And when you know who is a fiduciary and who isn’t and when and why it matters, you’ll be able to make smarter decisions to ensure the people you hire to help you manage your finances are acting in your best interest. 

So this week, my goal is to help you better understand what makes someone a fiduciary (hint: it’s not an easy thing to spot), so you can make informed decisions knowing what motivates the people you are trusting with your money. 

That’s it for today. Before you go, though, if you haven’t already left a review in Amazon or iTunes for the One Minute Retirement Tip, can I ask a favor of you to go do that right now? It just takes a few seconds and it helps to spread the word, and helps other people find this podcast.

In a review on Amazon, Frugal Mama writes: “keep 'em coming Ashley, I do appreciate your daily information, and your positive energy each morning to start my day!”

Thank you, frugal mama. And thank you to all of you who have taken the time to write a review. 

My name is Ashley Micciche and this is the One Minute Retirement Tip.

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Tags: retirement, investing, money, finance, finances, financial planning, retirement planning, saving money, personal finance, wealth management, money tips, fee only financial advisor, financial planner, financial podcast, retirement podcast, financial independence podcast

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Retirement Quick Tips with AshleyBy Ashley Micciche

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