Following a Clearer Path to Fiduciary Compliance

Being a fiduciary means financial advisors follow a “clearer path.” Investopedia says a fiduciary “is a person who acts on behalf of another person, or persons to manage assets and…act in the other’s best interests.”

Being a fiduciary means more than just saying it. You need to show clients proof of concept. The GDX360 platform promotes fiduciary responsibility and strengthens compliance. GDX360 offers a fiduciary process that focuses on what matters most to clients – their goals. Goals drive investments and risk, not the other way around in our process. After you capture your client’s goals, you then choose investments that meet the client’s investment preferences.

You can also work with clients to set investment policy guidelines. This documents your client’s wishes regarding portfolio management. Communication and a transparent, well-documented process are the foundation of effective fiduciary compliance.