What Is A Fiduciary
What Is a Fiduciary? | Fiduciary Financial Advisor Explained What does it mean to work with a fiduciary financial advisor, and why is it so important for your long term financial success? In this video, Wayne Worthington of Smith Anglin explains what a fiduciary is, how fiduciary duty works, and why investors should understand the difference between a fiduciary advisor and a commission based broker. Fiduciaries are legally and ethically required to act in their clients’ best interests, putting your financial goals first, avoiding conflicts of interest, and providing transparent, objective advice. Not all financial advisors are fiduciaries. Many advisors operate under a lower “suitability” standard, which may allow recommendations that benefit the advisor more than the client. Understanding this distinction can make a meaningful difference in your retirement planning, wealth management, and financial security. At Smith Anglin, fiduciary responsibility is not just a legal requirement, it’s a core value. We believe clients deserve honest guidance, disciplined financial planning, and advice aligned solely with their long term goals.
In this video, you’ll learn:
• What a fiduciary financial advisor is
• Why fiduciary duty matters in financial planning
• The difference between fiduciaries and commission based advisors • How fiduciary advice helps protect your wealth and retirement If you’re looking for a fiduciary advisor who serves as a true financial advocate, we invite you to learn more or contact our team.
Recent Posts
Smith Anglin Financial is a group comprised of investment professionals registered with Hightower Advisors, LLC, an SEC registered investment adviser. Some investment professionals may also be registered with Hightower Securities, LLC (member FINRA and SIPC). Advisory services are offered through Hightower Advisors, LLC. Securities are offered through Hightower Securities, LLC.
This is not an offer to buy or sell securities, nor should anything contained herein be construed as a recommendation or advice of any kind. Consult with an appropriately credentialed professional before making any financial, investment, tax or legal decision. No investment process is free of risk, and there is no guarantee that any investment process or investment opportunities will be profitable or suitable for all investors. Past performance is neither indicative nor a guarantee of future results. You cannot invest directly in an index.
These materials were created for informational purposes only; the opinions and positions stated are those of the author(s) and are not necessarily the official opinion or position of Hightower Advisors, LLC or its affiliates (“Hightower”). Any examples used are for illustrative purposes only and based on generic assumptions. All data or other information referenced is from sources believed to be reliable but not independently verified. Information provided is as of the date referenced and is subject to change without notice. Hightower assumes no liability for any action made or taken in reliance on or relating in any way to this information. Hightower makes no representations or warranties, express or implied, as to the accuracy or completeness of the information, for statements or errors or omissions, or results obtained from the use of this information. References to any person, organization, or the inclusion of external hyperlinks does not constitute endorsement (or guarantee of accuracy or safety) by Hightower of any such person, organization or linked website or the information, products or services contained therein.
Click here for definitions of and disclosures specific to commonly used terms.
Contact Us
14755 Preston Road, Suite 700
Dallas, TX 75254
972.267.1244 local
800.301.8486 toll free
Check the background of this practice on FINRA's BrokerCheck.
About Smith Anglin Financial
Founded in 1967, Smith Anglin is a wealth management practice based in Dallas, Texas. As trusted financial stewards, we provide an elevated standard of care and manage over $1.9 billion in client assets* for a select group of pilots, families, individuals, and business owners in 48 states and abroad. With deep roots in accounting, tax planning and aviation retirement readiness, our mission is to conscientiously help secure the financial well-being of our clients over the course of their lives, working diligently to help them achieve their goals, dreams and financial security.
*Data current as of 6/16/2025
Stay current and informed!
Form Client Relationship Summary ("Form CRS") is a brief summary of the brokerage and advisor services we offer.
HTA Client Relationship Summary
HTS Client Relationship Summary
Hightower Advisors, LLC is an SEC registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training. Securities offered through Hightower Securities, LLC, Member FINRA/SIPC. brokercheck.finra.org