At Vanguard Financial, we are advisors in the truest sense. There are four main differences between what we do and what your broker, banker, financial planner, or other financial professional has done for you. These four differences separate us from the rest of the financial services industry.
1. Incentive
We don't charge any commissions. We feel there is a direct conflict of interest between commissions and the client's best interest. Vanguard Financial believes that the conflicts and compromises that naturally occur in commissions make them unsuitable for most investors. There is an old saying about commissions: "Firm made money and the broker made money, 2 out 3 isn't bad, right?" For this reason, we have created our revenue stream so that we make less when you do and we make more when you do. We are sitting on the same side of the table as our clients.
2. Transparency
Our fees are 100% transparent. You see exactly what fees come out of your accounts. This also means that all costs are accounted for so you know exactly what you have made. There is no incentive on our end to have hidden fees for our clients.
3. Keeping Cost Low
We believe that one of the main variables to investment success is keeping cost lows. Our goal is to avoid paying unnecessary charges so that your money stays in your portfolio. We consistently keep our fees well below industry average.
4. We are your fiduciary
As a Registered Investment Advisor, we are held to the fiduciary standard. This means that we legally must place the client's interests before our own. We have a fiduciary duty to act in your best interest at all times verses brokerage firms that generally are not fiduciary to their clients.