Trust is the pillar in an advisory relationship. As advisors, we believe that a “fiduciary standard” is the very best framework for professionals to work with clients. To act as a fiduciary means that an advisor has to put aside his/her own financial interest, and also put aside the business/financial interest of any company they work for, and give recommendations that are solely and completely in the best interest of their clients.
We are not affiliated with any broker, bank, accounting firm, law firm or insurance company. We are accountable only to our clients and have only their best interests at heart, fully embracing the concept of fiduciary responsibility. We are not an Investment Firm. We work with established investment firms or we will work with the client’s existing firm in the planning process.
Most financial advisors are not held to this high standard. Rather, they’re held to a “suitability” standard, meaning they’re to reasonably believe that the investment and insurance products they want you to buy are appropriate for your situation. Appropriate is a long way from “in your best interests”. The real choice isn’t fiduciary vs. suitability; rather, it’s buying products from a salesperson or getting advice along with solutions from an advisor.
Kelm Financial Understands that our tax structure is so complicated along with the Current Administration imposing higher tax as and fees. It has become much more difficult and costly to accumulate assets: and once you have succeeded, its a bigger problem trying to keep them.
That’s why we work closely with professionals including tax advisors, stockbrokers, money managers, and estate lawyers to implement a financial plan that achieves your financial goals. If you have current relationships with these professionals, we can work with them to develop a comprehensive financial solution.