TreeTop Wealth Management, LLC.
TreeTop Wealth Management LLC, (TreeTop) is a state of Illinois registered investment advisory firm, specializing in customized investment solutions and financial planning for individuals and institutions. At TreeTop we take the complexities of the market and integrate our solutions to the circumstances of our clients. There is no one size fits all. Advocating for our clients and free from potential industry conflicts, at TreeTop our clients and their goals come first.
What is a Registered Investment Advisor?
A Registered Investment Advisor (“RIA”) subject to the Investment Advisers Act of 1940, is a Fiduciary. (1) A Fiduciary is bound by law to place the interests of its beneficiary FIRST – before the fiduciary’s own interests. A Non-Fiduciary stockbroker (also called a Registered Representative, Account Executive, or Financial Advisor) follows only the “suitability” standard, which does not require a stockbroker to place the interest of its clients ahead of its own. A Fiduciary RIA must follow the “trust” standard – the highest known in law – which requires it to place the interests of its clients ahead of its own and fulfill critical fiduciary duties of trust and confidence. Under the fiduciary trust standard, a Registered Investment Advisor must provide its “best advice” to a client.
Note: (1) In Supreme Case “SEC v. Capital Gains Research Bureau, Inc. – 375 US 180 (1963), the court justice rules that RIA is recognized as a fiduciary.
