This is a hypothetical example and is not representative of any specific security. Actual results when
working with a financial advisor will vary.
This scenario is for illustrative purposes only and does not represent an actual client. Results may
vary.
This is not an offer to buy or sell any security or interest. All investing involves risk, including loss of
principal. Working with an adviser may come with potential downsides such as payment of fees (which
will reduce returns). Past performance is not a guarantee of future results. There are no guarantees
that working with an adviser will yield positive returns. The existence of a fiduciary duty does not
prevent the rise of potential conflicts of interest.
SmartAsset.com is not intended to provide legal advice, tax advice, accounting advice or financial
advice (Other than referring users to third party advisers registered or chartered as fiduciaries
("Adviser(s)") with a regulatory body in the United States). The article and opinions in this publication
are for general information only and are not intended to provide specific advice or recommendations
for any individual. We suggest that you consult your accountant, tax, or legal advisor with regard to
your individual situation.
SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology,
is registered with the U.S. Securities and Exchange Commission as an investment adviser.
SmartAsset's services are limited to referring users to third party advisers registered or chartered as
fiduciaries ("Adviser(s)") with a regulatory body in the United States that have elected to participate in
our matching platform based on information gathered from users through our online questionnaire.
SmartAsset receives compensation from Advisers for our services. SmartAsset does not review the
ongoing performance of any Adviser, participate in the management of any user's account by an
Adviser or provide advice regarding specific investments.
We do not manage client funds or hold custody of assets, we help users connect with relevant
financial advisors.
Sources:
1. "The Value of a Financial Advisor: What's It Really Worth?" SmartAsset (Nov. 2024)
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