Used car salespeople – you want to trust the smile and the handshake, and the car looks great.
But was it really owned by one careful spinster who only ever drove to church and the store, or has it been carefully patched up to hide the traces of the drag racing teens that drove it into the ground?
There are ways to tell, of course, but you have to know what you are looking for and where to go for proper background information.
So you may drive away with a genuinely great deal from a totally honest used car lot, or you may be lucky to get your new ride to the end of the road.
And so it used to be with financial advice – most firms were genuinely trying to help you, the customer, get the right financial products for you and your family, and make their living doing so.
At EmVision Capital Advisors, we have always prided ourselves on our integrity when helping you choose and select the best products to pursue your financial goals.
However, you no longer have to just take our word for it – or anyone else’s that they are suitable for you.
Recent significant changes in the law from the Department of Labor have come into effect which aims to provide you the protection you deserve.
EmVision Capital Advisors was pleased when the new rules came into force as they only back up what we have believed and practiced since our founding.
In a nutshell, when we give you financial advice as a retirement investor, we are legally obliged to only sell you what is in your best interest – not what may be the highest profit-making product for us.
We must also tell you of any conflict of interests we have when advising you on particular products so you are fully informed when making your choices.
And we may only charge you a reasonable fee for our services, with no hidden catches or costs.
These changes in the law are good for you as you can now be certain you are getting the full picture when you make your choices with the help of our experienced advisors.
The changes are also good for us at EmVision Capital Advisors. We prided ourselves on our ethical behavior before the change in the law but now we know all financial advisors in the industry must follow the same benchmark.
Since we are only happy if we have done right by our customers, we have welcomed the change.
And you can drive home safely confident in the knowledge you made an appropriate choice for you and your family.
This material contains only general descriptions and is not a solicitation to sell any insurance product or security, nor is it intended as any financial, legal or tax advice. This article is intended to assist in educating you about insurance generally and not to provide personal service. They may not take into account your personal characteristics such as budget, assets, risk tolerance, family situation or activities which may affect the type of insurance that would be right for you. In addition, state insurance laws and insurance underwriting rules may affect available coverage and its costs. Guarantees are based on the claims paying ability of the issuing company. If you need more information or would like personal advice you should consult an insurance professional. You may also visit your stat e’s insurance department for more information. Securities and advisory services offered through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Advisor. Fixed insurance products and services are separate from and not offered through Commonwealth Financial Network®.