When we started our business we offered a simple and unique proposition; put clients first and provide objective financial advice. This was the beginning of our Fiduciary journey. At Navalign we focus on helping you navigate important financial decisions and making sure that those decisions align with your life goals.
Fiduciary Advisors
In all situations we are fiduciary financial advisors. That means we have a legal obligation to act in your best interest. Not everyone can make that claim. We are advocates for helping you achieve your financial, and more importantly, your life goals. Navalign Wealth Partners is a Registered Investment Adviser firm with the Securities and Exchange Commission. You can view our public filings here.
Holistic Investment Philosophy
There is only one you and your portfolio should reflect that. Your investment plan is an important component of your overall financial plan. At Navalign we can custom tailor your investment plan with a variety of low cost and tax efficient investments to help grow and preserve your wealth. Our fiduciary investment approach lends itself to providing advice on accounts you self-direct in addition to those that we manage.
Fee-Only Structure
Our business model is 100% fee-only. This means our fees are transparent and we are never compensated by outside parties or broker commissions. This is an important difference you should understand when selecting a financial advisor. How a firm is paid goes a long way in understanding the depth of financial advice they provide to you. This fee-only, fiduciary approach helps to reduce conflicts of interest so we remain clearly aligned with your goals.
Transparency
Often times investors complain that it’s difficult to understand all of the expenses, commissions and fees charged by brokers and banks. That’s why we chose a transparent, fee-only pricing structure that is simple to understand. No commissions or hidden costs, ever! Choose the way you want to work with us and you’ll always know exactly what you’re paying for.
Collaboration
We believe it’s best to work as a team to help clients make better financial decisions. We encourage proactive communication internally and can also work directly with your team of trusted advisers, including accountants, attorneys and key decision makers. By working together, we can provide better comprehensive financial advice that is always in your best interest.
Multi-Generational
Shouldn’t your financial advisor have a retirement plan too? At Navalign our team spans across multiple generations, and so do our clients. We help families and businesses plan for their legacy, so it only makes sense that we plan for ours too. With business continuity and transition plans already in place, rest assured that Navalign will be here to help for generations to come.
We often times answer questions about what it means to be a fiduciary. If you want to learn more, just ask. Here are some of the most common questions we get asked about being a fiduciary financial advisor.
What is a Fiduciary?
A fiduciary is an institution or person that is held to a high standard and legally obligated to act in your best interest. Oftentimes fiduciaries are involved with financial situations which require great care, trust and honesty. At all times a fiduciary is responsible for their actions as well as their inaction. Most importantly a fiduciary must avoid conflicts of interest and personal motives when providing advice and pursuing the best outcome for your situation. If conflicts do exist, a fiduciary is required to disclose them and be as transparent as possible.
Who Can Be a Fiduciary?
Many brokers and insurance agents call themselves a “financial advisor”, but they are not a fiduciary. Navalign Wealth Partners is a Registered Investment Adviser firm with the Securities and Exchange Commission. Registered firms like us, are required to engage clients in a fiduciary capacity when providing financial advice and investment services. Other trusted professionals, such as attorneys and trustees, are also required to act as a fiduciary, in the best interest of their clients.
Why Should you Work with a Fiduciary Financial Advisor?
Sometimes it can be hard to tell the difference between a sales pitch and financial advice. The financial services industry is filled with conflicts of interest and that shouldn’t get in the way of helping clients make better financial decision. Fiduciary financial planners, like us, have a legal obligation to always act in our clients’ best interest and provide unbiased, objective advice. When you work with a fiduciary, you’ll have peace of mind knowing they are on your side, focused on helping you above all else.
How Will you Know if Someone is a Fiduciary Financial Advisor?
The easiest way to find out if someone is or isn’t a fiduciary is by asking them. A Fiduciary Financial Planner or Investment Adviser is obligated to share with you if they are engaging you as a fiduciary and must disclose when situations arise in which they may not be acting as a fiduciary. Many professions require registration and licensing with the proper authorities to provide fiduciary services as a business. To find out if your financial advisor is a fiduciary you can look them up here using the Investment Adviser Public Disclosure system