At The Accel Group, we believe that financial security in retirement is a realistic and attainable goal.
A well run, high quality, employer sponsored retirement plan; explained well to your employees may very likely be the difference maker when it comes to financial security for your employees. We will work with you, the Plan Sponsor, to build a plan that attracts and retains key talent and helps them prepare for a secure retirement.
Within the investment industry, there are different standards of care depending on the type of firm you work with.
Investment advisors are held to a "fiduciary" standard, which requires them to put their client's interest above their own and act in the best interest of the client. The advisor must do his/her best to make sure advice is based on accurate and complete information, avoid conflicts of interest or disclose any potential conflicts, and place trades under a best execution standard.
Investment brokers (agents or those employed by broker-dealers) are held to a "suitability" standard, which only says that the broker has to reasonably believe that any recommendations are suitable for the client, not necessarily consistent with the investor's objectives. In addition, the need to disclose all potential conflicts is not a restrict requirement.
For more information please contact us today.