Financial Planning

What is a fiduciary financial advisor?

A fiduciary financial advisor is an advisor who is bound by fiduciary duty to act in your best interest. While it may seem that all financial advisors would be fiduciaries, they are not. John C. Bogle, Founder of Vanguard Group, explains it like this, “It should be made clear to clients whether they are relying on (1) trained investment professionals, paid solely through fully disclosed fees to oversee their investments; or (2) sales representatives who sell the products and services of the companies that they represent. Simply put, the first group is representing its clients; the second group is representing its employers.” Ask your financial advisor if they are a fiduciary, at all times, on your behalf. At Skyline Advisors we are an independent Registered Investment Advisory firm, and we are bound by fiduciary duty to our clients.


The commentary on this website reflects the personal opinions, viewpoints and analyses of the Skyline Advisors, Inc. employees providing such comments, and should not be regarded as a description of advisory services provided by Skyline Advisors, Inc. or performance returns of any Skyline Advisors, Inc. Investments client. The views reflected in the commentary are subject to change at any time without notice. Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Skyline Advisors, Inc. manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.