Why should you care who pays your Financial Advisor?
What you need to know.
Legal Definition of fiduciary relationship
A relationship in which one party places special trust, confidence, and reliance in and is influenced by another who has a fiduciary duty to act for the benefit of the party — called also confidential relationship, fiduciary relation.
Does it matter who pays your financial advisor? We think it does. As a fee-only financial services firm, you are the only one who pays Lenox. We believe an independent business model brings an independent opinion.
Unlike financial advisors who are compensated by selling proprietary products, Lenox advisors do not receive any product based compensation and, therefore, are not subject to a conflict of interest when accessing and bringing forth products and opportunities for the benefit of each client.
Our clients are not confused about where our interests align. If your accounts increase or decrease, so do our revenues. Your interests drive our decision-making.
It is our Fiduciary Relationship with you!
It’s your tomorrow. Call us for a complimentary review.
Call 513.618.7080 or visit www.lenoxwealth.com to Fund A Life You Love.
Please contact your investment and tax advisor prior to making any decisions.
Past Performance is not indicative of future results.
This newsletter is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.