The past few years has seen confusion over regulatory terms and what obligations professionals in the insurance and financial services space owe to clients.
Fred Saide, the Managing Partner of this firm, is bound by the duties of best interest, loyalty, and due care. He always puts the client’s pocketbook ahead of his own.
Under current regulations compensation is always a consideration but may not be the sole consideration. What is most pertinent is the recommendation in the best interest of the client? Reasonable solutions are to be offered to the client to determine which one works in their circumstances. It’s the client who determinates what they want their money to do for them.
