Discretionary vs Non Discretionary

Discretionary vs Non Discretionary - What's the Difference?

Hi everyone, Rob here. A lot is going on, we have massive volatility in the marketplace. I want to help you understand a couple terms.

When you're working with your financial advisor, some advisors work in an area where you sign a discretionary agreement. Other advisors are working in non discretion. What's the difference?

If you signed a discretionary agreement, it means you're empowering your financial advisor to make decisions on your behalf.

An advisor who's working in a non discretionary area needs to call you to make a change, as they're not authorized to make decisions on your behalf.

That leads to the question: Have you been called by your financial advisor?

Connect with Rob on LinkedIn for more educational content "Robert Zyzo".

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Securities offered through Securities Service Network, LLC., Member FINRA/SIPC. Fee-based advisory services offered through SSN Advisory, Inc., a registered investment advisor. Under no circumstances should anything in this video be considered investment advice. Planning is not guaranteed to lead to financial security.

[valeriepausch]

Thank you for sharing information and keeping your clients informed. Tax and financial information is in constant flux. Using the You Tube video format is a fast way to get information out to a large base. Valerie Schroeder.