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Portfolio Management Insurance Trust Services Retirement Planning lnvestment Advice – How The Smart Money lnvests

Caruso and Company, P.A. Certified Public Accountants, is a Registered Investment Advisor, and Anthony Caruso, CPA also holds the PFS® (Personal Financial Specialist) designation. As both a CPA and RIA, we have a fiduciary duty to our clients. The word “fiduciary,” means someone who’s committed to putting your financial interests ahead of his or her own. The word is important because true fiduciaries are harder to find than you might think. Most of the people who want to give you advice about your money aren’t held to that high standard. At best, they’re held to a “suitability” standard, which means they’re supposed to reasonably believe that the investment and insurance products they want you to buy are appropriate for your situation.Just “appropriate,” and not “the best choice” or “in your best interests, certainly isn’t an approach anyone would want from their financial advisor. Yet, stock brokers, insurance agents, registered representatives and even certified financial planners are not required to maintain a fiduciary duty to their clients. This is so serious a situation, that the recent Financial Regulation Bill has charged the SEC with addressing these issues.

Caruso and Company P.A. prepares customized portfolios for individual, corporate and retirement plan investors. We construct every portfolio to match each client’s risk tolerance and investment objectives. Our fees are calculated on the basis of the value of the assets under management. Unlike the “non-fiduciary” advisors above, we receive no commissions and receive no compensation whatsoever from the sale of financial investment products. This fee only approach eliminates conflicts of interest because we are not paid by financial institutions…Read More on Portfolio Management