As an independent registered investment advisor (RIA), Reilly Financial Advisors is independent of any other financial institution and has no proprietary products. Unlike stockbrokers, RIA firms hold a fiduciary responsibility to always put their clients’ best interests first. Black’s Law Dictionary stipulates the following: “A fiduciary has a duty to act primarily for the client’s benefit in matters connected with the undertaking and not for the fiduciary’s own personal interest. Scrupulous good faith and candor are always required.” This means that we chose to turn our moral obligation into a legal requirement, always putting our clients’ best interests before all other considerations. We have never regretted this decision and will never modify this obligation to you. Other benefits of working with an RIA include peace of mind in knowing that all fees have been fully disclosed and not paying commission on every trade.