What is a Fiduciary Financial Advisor? Everything You Should Know

Over 2,000 Investors and Families Served
A fiduciary financial advisor is a wealth professional who manages money on behalf of clients while being legally and ethically bound to act in the client’s best interest above their own compensation or firm’s incentives. We are a committed group of financial planners who continuously strive to provide financial planning to our respective clients with excellence. At Fiduciary Financial Advisors, we provide independent, fee-based financial planning and investment management tailored to your unique goals. Investment Managers You and your clients should carefully consider investment objectives, risks, charges, and expenses of Funds discussed. Data contained herein from third-party providers is obtained from what are considered reliable sources.
Tip: Always ask a prospective advisor, "Do you operate as a fiduciary at all times?"
This and other important information are contained in the respective Fund prospectuses and summary prospectuses, which should be read carefully before investing. A significant percentage of the underlying investments in aggressive asset allocation portfolio investments have a higher-than-average risk exposure. International/global investing can involve special risks, such as political changes and currency fluctuations. Any forecasts contained herein are for illustrative purposes only, may be living will and trust planning based upon proprietary research and are developed through analysis of historical public data. You should not buy or sell an investment without first considering whether it is appropriate for your client’s portfolio. Products shown may have minimum account sizes or minimum investments which may preclude retail and non-high net worth investors from being able to invest in these products.
When Should You Work with a Fiduciary Financial Adviso


Wells Fargo Wealth & Investment Management (WIM) offers financial products and services through affiliates of Wells Fargo & Company. Please consult your tax and legal advisors to determine how this information may apply to your own situation. In other words, your legacy trust can be tailored according to your wishes while avoiding estate and generation-skipping transfer taxes, effectively. Here are some features to help living will and trust planning determine whether a legacy trust may be right for yo

Plan for navigating estate taxes and use strategies to minimize them
To reduce the risk of loved ones losing access to treasured memories or important documents, designate a "digital fiduciary" in your estate plan. And if your accounts are password-protected, they may be inaccessible to others. More than likely, you’ve thought of your physical belongings and money during the estate planning process.
Consider trus


One of the benefits of a legacy trust is that assets inside the living will and trust planning trust may appreciate without being subject to wealth transfer taxes, so you could end up protecting a far greater portion of your estate over time. "These trusts can facilitate the continuation of family wealth and transition the assets across multiple generations," explains Nancy Anderson, Senior Wealth Strategist with Wealth & Investment Management, Wells Fargo Bank, N.A. A legacy trust, also known as a dynasty trust, is an irrevocable trust meant to help protect your wealth and provide benefits for multiple generations of your family while potentially minimizing the impact of state, estate, and transfer taxes. If you have ever dreamed of creating a legacy for multiple generations— while helping minimize taxes and other factors that could deplete valuable assets over time — a legacy trust could be worth considerin

Attend a Free Estate Planning Workshop
A revocable trust is a versatile estate planning tool that offers unique benefits for individuals who want to retain control over their assets during their lifetime while ensuring a smooth transfer after their passing. A key difference between an asset protection trust vs. a living trust is that, as an irrevocable trust, an APT can protect assets from creditors or court rulings. A living trust is a legal document that you create during your lifetim


Further­more, if both joint tenants die simultaneously, both of their estates will require probate, although, in some instances, both estates can be probated or administered through one court action. The survivor becomes the sole owner of the prop­erty and should make additional provisions for distribu­tion upon their death. Joint tenancy is a useful estate planning tool, but to rely solely on joint tenancy ownership for estate planning is generally a poor ide

Choose the right executor or trustee
It's important to keep it in a safe, accessible place, like a fireproof safe or a safety deposit box, and to let your executor know where it is. Your will is a physical document that you create and sign, often in the presence of witnesses. A complex will, on the other hand, is used for living will and trust planning larger estates or those with more intricate financial situations, such as multiple properties or business interests. Your will is a set of instructions explaining how property owned in your name should be distributed after your passin