Our Steadfast Commitment
All companies and professionals who provide investment services and retirement plans are subject to operating according to certain standards pertaining to the best interests of the investor or institutional entity they are representing. The reason for this is to ensure that they are acting solely for the welfare of their investor client, and that any compensation reaped from any investments primarily benefit the investor as opposed to the financial advisor. It does not mean that the financial advisor cannot claim any financial rewards, but, quite simply, that they must disclose all compensation arrangements.
Bridge Capital Advisors wholeheartedly agree with this recent regulation and we indeed embrace this transparency which ensures true fiduciary accountability. At the moment, this relatively new rule is not yet perfect or comprehensive enough, and some say it is not easily understood or implemented, and many investment providers and lobbying groups have attempted to dismiss it or defame it, and have indeed chosen not to operate according to fiduciary standards.
Bridge Capital Advisors feel that by operating within these standards all parties concerned ultimately benefit from it; our clients benefit from the fact that they can see that we are acting with their best interests in mind, and we benefit from the fact that we gain more of our clients’ trust, which can only result in a more profitable and successful long-term relationship.
If our clients require we can:
- State in writing that our company is committed to providing advice in the clients’ best interests at all times.
- State in writing that we have adopted policies and procedures designed to mitigate any potential conflicts of interest.
- Disclose any conflict of interest, like back door payments which might prove to be a disincentive to our Financial Advisors from providing advice in our client’s best interests.
We are proud and resolute in acting according to true fiduciary standards as we believe it’s what our clients deserve.