| Registered Representative of a Broker
Dealer |
|
Fiduciary Duty & Advice |
- Sells you securities
- Buys you securities
- Makes a commission when buying
or selling securities for you
- May sell you proprietary Securities
for a higher commission
- Basically a salesperson
|
|
- Held to a higher level of accountability
for every recommendation given to
you
- Can offer you a wider range of investment
options
- Securities offered to you have zero
commission paid to IAR
- Receives a special percentage of
account value each year (as you prosper
so do I)
- A Fiduciary Advisor – not
a salesperson
|
