What is our fiduciary duty?
The Investment Advisers Act of 1940 established a fiduciary standard for all investment advisors. This fiduciary standard requires investment advisors to provide advice based on a client’s unique situation and objectives. It also requires investment advisors to act in the best interest of the client, placing the client’s interests ahead of their own.
How does all of this apply to Aquinas Capital Advisors LLC?
Aquinas Capital Advisors LLC is a fiduciary to all of our clients that we provide advisory services to, including retirement plans and individual/corporate portfolios. Aquinas Capital Advisors LLC is NOT affiliated with any broker-dealer, bank, brokerage firm or mutual fund company, therefore, our fiduciary duty is to our clients alone. Our fiduciary duty does not start and end with an investment recommendation. Our first meeting with a client merely marks the beginning. We must continually monitor not only a client’s investments, but also their changing financial situation.
Aquinas Capital Advisors also provides prudent investment advice and strategies for non-profit and charitable organizations which are subject to the Uniform Prudent Management of Institutional Funds Act (UPMIFA) by investing according to donor intent, care, reasonable costs, overall strategy, and diversification and provide appropriate assets and investment strategy.