What is the Fiduciary Standard?

At Leisure Capital Management, we operate under the Fiduciary Standard. What does that mean to you? A lot. Because we are bound to a fiduciary standard that is regulated by the Securities and Exchange Commission (SEC) and California securities regulators, we are required to put every client’s interests above our own. That is not true for other types of advisors and brokers who are not governed by these specific standards. As a result, even the most scrupulous non-fiduciary advisors may be prone to recommend a product based on other interests (such as commissions!) that have nothing to do with the investor. The Fiduciary Standard matters—to you, and to us.

Want to learn more about the Fiduciary Standard and why it matters?
See our blog post, “Is my advisor truly acting in my best interest?”