Fee-Only Fiduciary Advisor In Honolulu


The Fiduciary Duty/Fiduciary Standard

"An adviser's fiduciary duty means the adviser must, at all times, serve the best interest of its client and not subordinate its client’s interest to its own. In other words, the investment adviser cannot place its own interests ahead of the interests of its client."

- Commission Interpretation Regarding Standard of Conduct for Investment Advisers, The Securities and Exchange Commission (SEC), 7/12/2019



The Fiduciary Duty/Fiduciary Standard

"An adviser's fiduciary duty means the adviser must, at all times, serve the best interest of its client and not subordinate its client’s interest to its own. In other words, the investment adviser cannot place its own interests ahead of the interests of its client."

- Commission Interpretation Regarding Standard of Conduct for Investment Advisers, The Securities and Exchange Commission (SEC), 7/12/2019


Your Interests are Always First

Every investment advisor who holds themselves out as a fiduciary financial advisor is bound to always act in your best interests. As fiduciaries, each investment recommendation, financial planning suggestion, or tax strategy we recommend will always be in your best interest. No conflicts of interest, no commission, and no third-party compensation.

While the fiduciary title and Fiduciary Standard demonstrate that an advisor will act in your best interest, one other key indicator is a designation as a "fee-only" fiduciary financial advisor. There is some grey area in which a fiduciary can accept outside compensation, so when you see that an advisor is a "fee-only fiduciary," they are always acting in your best interest and only compensated by you, the client.

Another designation you may come across is an "independent" advisor. An independent financial advisor is an advisor who is not acting on behalf of another company to recommend specific investment products. Many financial advisors will receive a commission for recommending investment vehicles of a particular type, creating a conflict of interest in recommending the best product for their client. 

An independent financial advisor is not recommending specific investment vehicles. The advantage of working with an independent financial advisor is a significant one - they are free to recommend to a client any available investment product, based on their analysis and on the merit of the investment itself. Independent financial advisors have access to the entire universe of investment securities from which to choose. 

Your Interests are Always First

Every investment advisor who holds themselves out as a fiduciary financial advisor is bound to always act in your best interests. As fiduciaries, each investment recommendation, financial planning suggestion, or tax strategy we recommend will always be in your best interest. No conflicts of interest, no commission, and no third-party compensation.

While the fiduciary title and Fiduciary Standard demonstrate that an advisor will act in your best interest, one other key indicator is a designation as a "fee-only" fiduciary financial advisor. There is some grey area in which a fiduciary can accept outside compensation, so when you see that an advisor is a "fee-only fiduciary," it means that they are always acting in your best interest and only compensated by you, the client.

Another designation you may come across is an "independent" advisor. An independent financial advisor is an advisor who is not acting on the behalf of another company to recommend specific investment products. Many financial advisors will receive a commission for recommending investment vehicles of a specific type, creating a conflict of interest in recommending the best product for their client. 

An independent financial advisor is one who is not recommending specific investment vehicles. The advantage of working with an independent financial advisor is a significant one - they are free to recommend to a client any available investment product, based on their analysis and on the merit of the investment itself. Independent financial advisors have access to the entire universe of investment securities from which to choose. 

Characteristics of Independent, Fee-Only Fiduciary Financial Advisors

Below is a short list of characteristics of fee-only fiduciaries.

An independent, fee-only fiduciary cannot:

  • Act outside of the client's best interest
  • Receive commission for recommending specific products
  • Receive compensation for activities outside of their investment advisory activities

An independent, fee-only fiduciary must:

  • Always act in a client's best interest
  • Minimize any conflicts of interest
  • Disclose to the client any conflicts of interest
  • Only receive compensation from the client for advisory services rendered

Characteristics of Independent, Fee-Only Fiduciary Financial Advisors

Below is a short list of characteristics of fee-only fiduciaries.

An independent, fee-only fiduciary cannot:

  • Act outside of the client's best interest
  • Receive commission for recommending specific products
  • Receive compensation for activities outside of their investment advisory activities

An independent, fee-only fiduciary must:

  • Always act in a client's best interest
  • Minimize any conflicts of interest
  • Disclose to the client any conflicts of interest
  • Only receive compensation from the client for advisory services rendered

Are you interested in working with a fiduciary advisor?

If you are interested in working with an independent, fee-only fiduciary financial advisor, we would love to discuss your goals and objectives surrounding wealth management. To get in touch with our trusted team of financial advisors, give us a call at (808) 791-1444 or fill out the contact form below and an advisor will follow up with you shortly. Additionally, you can learn more about Hawaii Partners 3D Wealth Management on our about page

Interested in working with a fiduciary advisor?

If you are interested in working with an independent, fee-only fiduciary financial advisor, we would love to discuss your goals and objectives surrounding wealth management. To get in touch with our trusted team of financial advisors, give us a call at (808) 791-1444 or fill out the contact form below and an advisor will follow up with you shortly. Additionally, you can learn more about Hawaii Partners 3D Wealth Management on our about page