Being able to recognize one’s blind spots and knowing when to bring in another financial professional can be just as impactful. Identifying where those boundaries exist can help advisors continue to excel in their area of expertise while helping clients build financial plans that strengthen their future.
Independent advisors have the ability to put their clients’ needs first, which is known as the independent advantage. Understanding the difference between captive financial advisors and independent financial advisors is also key to helping you pick the best advisor for you.
