Fiduciary Standard of Care

In financial services, the fiduciary standard of care means that the advisor is required to put the client’s best interests ahead of their own at all times.

In financial services, the fiduciary standard of care means that the advisor is required to put the client’s best interests ahead of their own at all times, without regard to financial or other interests of the advisor.

In addition, if conflicts of interest do exist then the advisor is required to disclose such conflicts to the client. Bluestone has taken the position that the elimination of conflicts of interest – whenever possible – is preferable to disclosure. We think this is the best way to ensure that the advice provided is indeed in the client’s best interest.

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