Pyle Financial can act as a Fiduciary. To act as a fiduciary we are obligated to serve our clients interest above anything else.
“A fiduciary is an individual in whom another has placed the utmost trust and confidence to manage and protect property or money. The relationship wherein one person has an obligation to act for another’s benefit.”
Don’t think it’s possible for a financial institution to serve as a fiduciary? We know it’s possible. You’re not the only investor with question marks about the practices of large, financial institutions and their “advisors”. Below is an article from a third-party, financial services journal, that dives into this concern that investors just like yourself are having.