Broker Check

Who is a Fiduciary?

Client Centered

A fiduciary is a financial professional who is legally required to act in your best interests with complete loyalty. A fiduciary offers recommendations and guidance that aligns with your goals, your risk levels and your needs while striving to maintain an optimal balance of risk and return in managing your assets. A true fiduciary adheres to the highest standards of objectivity, integrity, skill and due diligence in developing investment strategies for you. If you’re not currently working with Summit Financial Wealth Advisors, are you sure that your current financial advisor is a fiduciary?

What Makes AIF® AND AIFA® designees different?

Knowing who to trust when making financial decisions is crucial. But sometimes it’s hard to know where to find professional advice that is truly in your best interests. As part of our fiduciary commitment, we have gone through rigorous training and preparation to prepare us to guide you objectively in your financial decisions.

Accredited Investment Fiduciary® (AIF®) designees are part of an elite group of financial professionals who have received specific training to handle the enormous responsibility of acting as your fiduciary. Accredited investment Fiduciary Analyst® (AIFA®) designees have gone through additional training, preparing them to handle complex financial processes with an objective, organized and structured approach. We offer AIF® and AIFA® designees certified specifically to work with your best interests at heart, emphasizing our commitment to your objectives.

Take a look at some of the characteristics that make AIF® and AIFA® designees different from other financial professionals:

  • Experience: Designees must prove they have experience and education in the financial industry. (AIFA® designees must have at least 8 years of relevant experience to receive this designation.)
  • Education: Designees must complete a rigorous certification program demonstrating an understanding of the fiduciary standard of care and the twenty-two Prudent Practices®.
  • Examination: Designees must pass the exam, demonstrating a commitment to fiduciary rules and an understanding of Prudent Practices®.
  • Ethics: Designees commit to upholding the fiduciary code of ethics, demonstrating their willingness to adhere to the highest standards of care.
  • Continuing Education: Designees are committed to keeping their skills and knowledge sharp by completing several hours of continuing education every year.