About Jentner

Advising

Fiduciary Investment Advisor

Many people assume that all financial advisors act in their client’s best interest. However, under current law, many advisors are not obligated to place their client’s best interests first.

Estimates show that approximately 85% of financial advisors do not have fiduciary responsibility. Many insurance agents, stockbrokers, and financial planners operate under a suitability standard, meaning they are merely required to make recommendations that are suitable at the time of sale. They may have several licenses, but because they are not fiduciaries, they can be motivated by commissions earned from selling insurance and investment products.

These conflicts of interest cost investors billions of dollars every year. The White House Council of Economic Advisers estimates that non-fiduciary advice costs Americans 1% of their return annually. Those small losses can really add up.
Over 35 years, a loss of 1% annually could reduce total savings by more than 25%.

In contrast, registered investment advisors (RIAs) are legally required to act as a fiduciary all of time. RIAs must make recommendations believed to be in their client’s best interest, acting prudently and in utmost good faith with the care, skill, and judgment of a professional. More so, RIAs have to avoid conflicts of interest, operate with full transparency, control their client’s investment expenses, and continue to monitor their client’s investments and financial situation. For fiduciaries, the first client meeting marks only the beginning of the advisor’s legal obligation.

Jentner Wealth Management is an RIA and operates as a fiduciary 100% of the time, putting your needs ahead of our own. We don’t earn commissions, which can create conflicts of interest. Instead, we provide our clients with ongoing financial advice that we believe is in their best interest.