Trending...
- 2023 National Farmworker Awareness Week
- Boys & Girls Club recognizes Karen Pulte with Giving is Living Award
- Veterans For Trump aka VFAF: Trump Bus rolls into Georgia Ron DeSantis event overshadowing Tiny Desantis box truck at Veterans for Trump mini-rally
Other advisory firms respond to economic downturns by cutting back on client interactions and perks. We've decided to do the OPPOSITE and double down on providing excellent, thorough, service to all our clients.
NAPLES, Fla. - Floridant -- Stewart Wealth Advisors Regional Vice President Daniel Stewart says he is fed up with financial advisors and insurance agents who keep lowering the bar when it comes to client service.
"A lot of agents and advisors I've met are all about cost-cutting and "efficiency." Of course, in these times, all business owners must be leaner and more resilient. But, that doesn't mean that your good clients and prospects have to pay the price in terms of lowered expectations and poor service," says Stewart. "I don't believe advisors who aren't exceptionally thoughtful and focused when it comes to client interactions will last long in the next few years," says Stewart.
Stewart believes that at a time when financial services are increasingly AI-delivered and often impersonal, pre-retirees and retirees need assurances that their human advisors are watching over their wealth with honesty and trustworthiness; always acting in their best interests.
More on The Floridant
For this reason, Daniel Stewart says, he pursued the education and professional development necessary to act as a fiduciary advisor.
"A fiduciary is more than a marketing term. It refers to someone who has the power to act for another person in situations requiring absolute trust. Ethically and legally, fiduciaries must be 100% transparent with their clients and put the needs of the client above their own financial gain," explains Stewart.
Stewart says that fiduciaries are required to avoid potential conflicts of interest. They may not use a client's assets for their personal benefit without client consent. If any conflicts of interest do occur, a fiduciary must disclose it to their clients..
"In accordance with the requirements of my fiduciary certification, I must perform all of client-related tasks with the highest degree of morals and ethics," he explains. "Working with an advisor who is bound to the fiduciary standard, gives seniors confidence that the wealth advice you receive for yourself and your finances is as accurate as possible. When choosing a fiduciary over other types of advisors or agents, you gain the power to ask questions and to demand the highest value for the service."
More on The Floridant
Stewart says it is easy for him to understand why many Americans hesitate to work with a retirement income planner. "Many retirees have wonder about the true motivations of some advisors who seem to be focused primarily on selling products that make them more commission. I want my clients and prospective clients to know they can trust that that our relationship is built on honesty and integrity."
https://www.safemoneytrends.com/5-reasons-a-robo-advisor-may-not-be-right-for-you/
"A lot of agents and advisors I've met are all about cost-cutting and "efficiency." Of course, in these times, all business owners must be leaner and more resilient. But, that doesn't mean that your good clients and prospects have to pay the price in terms of lowered expectations and poor service," says Stewart. "I don't believe advisors who aren't exceptionally thoughtful and focused when it comes to client interactions will last long in the next few years," says Stewart.
Stewart believes that at a time when financial services are increasingly AI-delivered and often impersonal, pre-retirees and retirees need assurances that their human advisors are watching over their wealth with honesty and trustworthiness; always acting in their best interests.
More on The Floridant
- ACHECF Student Associates - The Future Leaders of Healthcare
- ACHECF Take On Congress on Healthcare Leadership
- Mounts Botanical Garden to Host Popular Spring Plant Festival & Sale, April 29-30
- Health Cola Company Inc. Launches Namesake Naturally Refreshing Soft Drink
- City of Jacksonville & Icemen Announce Details of Guns n' Hoses Charity Game
For this reason, Daniel Stewart says, he pursued the education and professional development necessary to act as a fiduciary advisor.
"A fiduciary is more than a marketing term. It refers to someone who has the power to act for another person in situations requiring absolute trust. Ethically and legally, fiduciaries must be 100% transparent with their clients and put the needs of the client above their own financial gain," explains Stewart.
Stewart says that fiduciaries are required to avoid potential conflicts of interest. They may not use a client's assets for their personal benefit without client consent. If any conflicts of interest do occur, a fiduciary must disclose it to their clients..
"In accordance with the requirements of my fiduciary certification, I must perform all of client-related tasks with the highest degree of morals and ethics," he explains. "Working with an advisor who is bound to the fiduciary standard, gives seniors confidence that the wealth advice you receive for yourself and your finances is as accurate as possible. When choosing a fiduciary over other types of advisors or agents, you gain the power to ask questions and to demand the highest value for the service."
More on The Floridant
- Jacksonville: FDOT to Host Grand Opening and Ribbon-Cutting Ceremony for the Fuller Warren Shared Use Path
- Florida: Governor DeSantis Signs One Bill
- First Lady Casey DeSantis Announces Hope Florida – A Pathway to Potential, Expanding the Hope Florida Model to Support At-Risk Youth and Their Families
- Governor Ron DeSantis Signs Legislation to Support Economic Development Through Record Funding for Florida's Housing Programs
- Governor Ron DeSantis Awards More Than $5.4 Million to Four Small and Rural Florida Communities
Stewart says it is easy for him to understand why many Americans hesitate to work with a retirement income planner. "Many retirees have wonder about the true motivations of some advisors who seem to be focused primarily on selling products that make them more commission. I want my clients and prospective clients to know they can trust that that our relationship is built on honesty and integrity."
https://www.safemoneytrends.com/5-reasons-a-robo-advisor-may-not-be-right-for-you/
Source: Safe Money Trends.Com
Filed Under: Financial
0 Comments
Latest on The Floridant
- Palos Verdes Real Estate Agent Promotes Homes To MORE Opportune Buyers For Significantly MORE Money
- Crystal Clean Green Cleaning recognized by the American Heart Association for commitment to wellness
- Snowbird Technologies Joins the Global Special Operations Forces Foundation
- Sponsorships available for NAMI Collier County's 'Hope Shines' mental health awareness walk
- Access Control Systems Expands and Rebrands as Guardian Access Solutions as Part of Increased Service Offerings
- Intracoastal Bank Announces Jay Coomes as Chief Technology Officer
- Suing the U.S. Government to Save the Coral Reefs
- Cooking with Love: Norman Love Confections expands cooking class schedules
- Peachtree Immediate Care Opens Urgent Care Clinic in Marietta
- The Implants4All Office Has Just Released Their Latest Podcast, Full Arch Training Program!
- Agent Paula Flores Awarded Prestigious "Premier Luxury Marketing Consultant" Certification
- Olga Torres Named Top Advisor by Foreign Investment Watch
- Attorney Steve Hilst Named Partner at Bisnar Chase
- Local Business wants to support local artist with gallery
- Cars of the stars and memorabilia all located in Dezerland Orlando's meeting and event space
- WCRx Pharmacy Partners with Florida Medicaid to Improve Access to Medication
- Summer VPK registration underway in Lee, Collier, Hendry and Glades Counties
- New xBit Digital Case Management Feature Saves Examiners Hours of Required Report Upload Time
- Daniel Imperato on NAACP Call to Issue Travel Advisory for Florida
- IntellaTriage Hires New Vice President of Technology