What does fiduciary duty mean, and why does it matter?

A financial advisor with fiduciary duty is legally and ethically required to act in your best interest — not their own. This means recommendations must be based on your goals, risk tolerance, and financial situation, and any potential conflicts of interest must be disclosed and managed in your favor. Not all financial professionals are held to a fiduciary standard. At J. Martin Wealth Management, we operate with fiduciary responsibility on all advisory engagements, which means your interests come first in every recommendation we make.