Client Memos

What is a “Fiduciary”?

“A fiduciary is held to something stricter than the morals of the marketplace. Not honesty alone, but the punctilio of an honor the most sensitive, is then the standard of behavior.”

– Justice Cardozo, Meinhard v. Salmon

In an age of information overload and more investing options than ever before, investors must be able to rely on thorough, unbiased advice from their financial professionals, especially in regard to investment advice.

While there are many financial services professionals and titles, only Investment Advisers are legally held to the fiduciary standard. Gamble Jones has been a fiduciary and Registered Investment Adviser (RIA) since our doors opened nearly 65 years ago.

So, before someone with whom you work hires an investment professional, please strive to understand their standard of care and incentives by asking two questions: “Are they a fiduciary?” and “How are they compensated?” 

Their answers may be enlightening.

Please give us a call if you have any questions

Sincerely,

Your Team at Gamble Jones

Get Planning with Gamble Jones

To better serve you and your family, we continue to invest in our services and technology. Over the past several months, we’ve invested in comprehensive financial planning tools and services to help you avoid potential pitfalls and reach your personal and financial goals. 

We believe all clients would benefit from a periodic review of their “financial house” and creating a roadmap to improve their chances for success. If we haven’t already discussed this service with you, please reach out to schedule a call or meeting with one of our Certified Financial Planners™ to create a financial plan or to focus on your most pressing planning concerns such as retirement income generation, tax planning, risk management, and/or estate planning.

As always, if your risk tolerance or investment objectives have changed, or if you’ve experienced a life-changing event over the past year, please contact us at your earliest convenience for a review.

We thank you for your trust and look forward to speaking with you during 2019.

All the best,

Your Team at Gamble Jones