The Fiduciary Standard

Did you know that different advisors are held to different standards? Advisors who hold the title Investment Advisor Representatives have a legal, fiduciary responsibility to act in their clients best interests. Other advisors and brokers are held to a different standard known as the “suitability” standard, meaning that as long as they do what is deemed “suitable,” they are fully within their legal rights to act in their best interest and their company’s best interest before those of their clients.

Click the following links to view articles about the fiduciary standard:

“The Best Life Guide to Choosing a Financial Advisor”

“Get Your Adviser to Work For You”

 


The Right RIA Firm

For more information on Virtue Capital Management, LLC., please click here.

We believe that working with the right RIA Firm is instrumental in our integration of all risk categories to satisfy each client’s needs. To achieve this goal, Miles Babcock registered with and works closely with Virtue Capital Management, LLC., out of Brentwood, Tennessee.

IWMIS focuses primarily on using low risk and low volatility private wealth managers who have the ability to attain equity like rates of return while minimizing the risk generally associated with large fluctuations in the stock market.

When appropriate for the client, we also work with private wealth managers who have expertise in the area of high risk management. These fund managers oversee investments that are designed to be opportunistic in good times and defensive in bad.

Our third party custodians are TD Ameritrade and Nationwide (Jefferson National) Life Insurance Company.