Our Promise To You

Did you know?

Strange as it may sound, someone using the title “financial advisor” or “wealth advisor” is not always required to act in your best interests. Instead, that person might be a commissioned salesperson using that title.

There’s a name for that:  it’s called Conflicted Advice. And unfortunately, according to an 2015 Obama White House Task Force Report, it’s quite common.  In fact that in that report, the task force estimated conflicted advice could cost Americans over $17 billion, every year.

Fiduciary Advisors

That’s why at Foran Financial Group, when acting as your investment advisor representative, our advisors are held to a fiduciary standard of care.  For our advisory clients, that means that we are legally required to always put your interests first.  You should demand that of anyone you hire. That’s why at Foran Financial Group, when acting as your investment advisor representative, to our advisory clients our advisors are held to a fiduciary standard of care.  That means that we are legally required to always put your interests first.  You should demand that of anyone you hire.

But that’s just part of our commitment to you:

• We seek to always act in your best interests.
  At Foran Financial Group we seek to always put your interests before ours. Our team members are paid on salary, not commission, so there’s no incentive to sell you any products.
  
• We’ll listen more than we talk.
  We’re committed to helping you pursue your big goals in life. We do not take that role lightly. That means that we need to listen so that everything is personalized to what you need. We also are here to help you problem-solve, as life throws obstacles in your path.
  
• We’ll help you stay accountable to the goals you set for yourself.
  Daily life often gets in the way of progress toward your real goals. Much like a personal trainer for your fitness commitments, our team helps you stay true to your big picture goals.
  
• We’ll use only time-tested, evidence-based strategies to help you pursue your goals.
  Many advisors “swing for the fences” with client money at times. That works great in bull markets, but can quickly reverse and create outsize losses. We don’t agree with that approach. Instead, we focus on preserving your wealth and growing it conservatively. That way, you can strive to avoid the big losses that set people back. You’ll also have a strategy that seeks to make consistent progress toward your goals, which helps you stay motivated. Investing involves risk, including loss of principal.
  
• We’ll help you understand your investment and financial strategies.
  At Foran Financial Group, we love engaged clients. These are the ones most likely to achieve their goals. So everything we do is built around education. We’re here to help you understand as much as you want to about your investment and financial strategy so you can sleep soundly at night.

Investing involves risk, including loss of principal.