Copyright © Kimberly Young - Young Wealth Management. All rights reserved.
Fiduciary duty extends solely to investment advisory advice and does not extend to other activities such as insurance or broker dealer services. Advisory clients are charged a fee for assets under management while insurance products pay a commission, which may result in a conflict of interest regarding compensation.
6641 N. High Street
Worthington, Ohio 43085
We operate based on a fiduciary standard. The word fiduciary comes from the Latin fiduciarius, meaning "faith". This standard requires that we act at all times for the sole benefit and interests of our clients. We believe, as does the law, that the fiduciary duty is the highest standard of care, and that it is superior to other ordinary business relationships. While some financial institutions operate strictly based on suitability guidelines and imposed regulations, we proudly aspire to the elevated, fiduciary standard.
Choosing an Advisor to manage your wealth is one of the most important decisions that you can make. It is a decision that will affect many decades of your life; as well as, centuries for your heirs, beneficiaries and charities.
Therefore, it is crucial to work with a firm you can trust - one which is dedicated to understanding and addressing your specific individual goals and needs. Before you make a decision of which firm to use, watch this video, and learn what the differences are between Fiduciaries and Brokers.
A Fiduciary is someone who has a legal obligation to act on another's best interest. A broker is someone who facilitates a financial transaction between two parties, often receiving a one time commission for their services.