Thank you for taking the time to watch our video! Pacific Capital is an exclusive and independent wealth management firm in Southern California. We help clients ENJOY LIFE by removing their stress about money.
Most of the public has NO IDEA about the difference between the “fiduciary standard” and the “suitability rule” that apply to different financial professionals. Here are three helpful links from other companies to help explain why this is so important: 1) http://www.investopedia.com/articles/professionaleducation/11/suitability-fiduciary-standards.asp 2) http://www.bankrate.com/finance/investing/fiduciary-standard-1.aspx 3)http://www.psafinancial.com/2012/12/fiduciary-vs-suitability-investment-advisors-vs-brokers/
This video is intended to help shed light on that important difference between a fiduciary (also known as an independent, private wealth advisor) and a broker (who often call themselves a “financial advisor”) from a big bank or wirehouse brokerage firm.
Pacific Capital Wealth Advisors, Inc. DBA “Pacific Capital” is a Registered Investment Advisor located in Southern California. Pacific Capital and its representatives are in compliance with the current filing requirements imposed upon registered investment adivsors by those states in which Pacific Capital maintains clients. Accordingly, this publication should not be construed by any consumer and/or prospective client as Pacific Capital’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation.