Publicly owned investment firms are legally obligated to place their shareholders’ best interests before their clients’ best interests.
As a privately owned Registered Investment Adviser (RIA), Skloff Financial Group is legally obligated to place your best interests before any other party when we manage your investments.
The same way a law firm must accept fiduciary duty when representing clients, a Registered Investment Adviser (RIA) must accepting fiduciary duty when managing clients’ assets.
According to the U.S. Securities and Exchange Commission: “As an investment adviser, you are a “fiduciary” to your advisory clients. This means that you have a fundamental obligation to act in the best interests of your clients and to provide investment advice in your clients’ best interests.”
(c) Copyright 2021
Skloff Financial Group
7682 Santa Margherita Way
Naples, FL 34109