Broker vs Fiduciary
There are Differences Between the Two Types of Advisors


Registered Representatives (aka Brokers) are advisors of Broker Dealers
such as Merrill Lynch, UBS, Morgan Stanley, just to name a few. Broker Dealers
employ advisors who have an obligation to deal fairly, honestly, and openly with
their clientele. If they do not, they can be liable for a variety of offenses. Financial
Industry Regulatory Authority (FINRA) requires that Registered Representatives
recommend suitable investments for their customers, though these
recommendations may not be the ideal recommendations. The
aforementioned requirement to provide only suitable investments
might make it appear that Registered Representatives have a
fiduciary responsibility to their customers, when in fact, they do not.

Investment Advisor Representatives (IAD) of a Registered Investment
Advisory (RIA), as is the case with Biltmore Wealth Advisors, have a fiduciary
relationship with their customers, which implies a higher standard of care than
what is required of Registered Representatives. When an IAD gives investment
advice and/or makes investment decisions on behalf of their client, the advisor is
held to a higher standard in the best interests of their clientele.

As an Independent Fiduciary, our professional expertise qualifies us to work
with all types of clients across the spectrum of expertise and/or the amount they
have invested for their retirement. As a full-service wealth management firm we
offer the following services.

Our Services Include:

401(k) and 403(b) Rollovers

Management of Current Employer 401(k) & 403(b) Plans

 

Traditional & Roth IRAs

Roth IRA Conversions

Investment Management

Retirement Income Planning

Required Minimum Distributions (RMD)

Social Security Maximization Planning

Life Insurance

Annuities

Estate Planning

Tax Planning

Long-Term Care Solutions

Medicare Planning

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Biltmore Wealth Advisors

Camelback Corridor

4742 N. 24th Street

Suite 300

Phoenix, AZ 85016

Direct: (480) 397-2400

info@biltmoreinvestments.com

Biltmore Wealth Advisors was nominated as one of the best businesses in their 2014 Magazine.

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