Our Fiduciary Responsibility

As an independent SEC registered Investment Advisor firm, we are not tied to any proprietary products and we don’t have any conflicts of interest. Instead, we have the freedom to offer services and solutions that align with our clients’ needs. In addition we serve in a fiduciary capacity, putting our clients’ needs first at all times.

What is a fiduciary?

In the simplest of terms, a fiduciary acts solely in another party’s interests. Fiduciaries must comply to high standards, providing disclosures to clients, avoiding conflicts of interest, making objective investment recommendations, and disclosing all sources and amounts of compensation. The goal is to protect the client. 

For these reasons and others, being a fiduciary comes with a high level of legal and ethical responsibility. Fiduciaries must be trusted to manage another person or entity’s assets and make appropriate decisions as needed. 

At NWK Group, we take our fiduciary duties seriously. Several team members hold the Accredited Investment Fiduciary® (AIF®) designation, which signifies a thorough knowledge of fiduciary responsibility. 

What it means for organizations

As fiduciaries, we have the ability to implement policies and procedures that meet a defined standard of care for institutional retirement plans. By acting as a fiduciary, we can help manage some of the liability of a company’s retirement plan and thereby mitigate some of the employer’s risk. While many business owners and employers worry about the exposed risk of sponsoring a 401(k) or 403(b) plan, working with a fiduciary may help reduce some of the risk, as well as the time and knowledge needed to manage a retirement package. 

As fiduciaries, we are dedicated to upholding our requirements and only providing advice and strategies that align with each client’s best interests.