Registration and disclosure
Confirm the firm and individual on IAPD or BrokerCheck and read Form ADV / Form CRS.
Fiduciary questionsLook past the label
Look past the label
to duties and incentives.
“Fiduciary,” “advisor,” and related titles can mean different things depending on registration and the services being provided. Verify the relationship, then decide.
What to verify
Practical checks before you decide
When fiduciary duty applies
Ask which services are provided in a fiduciary capacity and which are not.
Compensation and conflicts
Ask how the advisor is paid and what conflicts are disclosed for recommendations.
Fit and process
Evaluate communication, planning scope, and whether you understand decisions being made.
Official resources
Verify with primary sources
Fiduciary FAQ
Common questions
Does “fiduciary” guarantee a good outcome?
No. Fiduciary duty is a legal and professional standard about acting in a client’s best interest under the applicable relationship—not a performance guarantee or proof of fit.
Where can I verify an advisor?
Use Investor.gov / IAPD for investment advisers and FINRA BrokerCheck for broker-dealer representatives. Also read Form ADV and Form CRS carefully.
Should I switch solely because of a title?
Titles alone are not enough. Compare duties, compensation, services, conflicts, communication, and whether the relationship matches your needs.