What is a Fiduciary?
Following the Code of Ethics and Standards of Conduct as set forth by the Certified Financial Planner Board of Standards, Inc., White Oak Financial Management acts a fiduciary, and therefore, must act in the best interests of our Clients by:
- placing the interests of the Client above the interests of our firm and employees;
- avoiding conflicts of interest, or fully disclosing material conflicts of interest to the Client, obtaining the Client’s informed consent, and properly managing the conflict;
- acting without regard to the financial or other interests of our firm or employees, or any individual or entity other than the Client, which means that even when acting under a conflict of interest, we continue to have a duty to act in the best interests of the Client and place the Client’s interests above those of the firm or our employees;
- acting with the care, skill, prudence, and diligence that a prudent professional would exercise in light of the Client’s goals, risk tolerance, objectives, and financial and personal circumstances; and
- complying with all objectives, policies, restrictions, and other terms of the Engagement and all reasonable and lawful directions of the Client.
Below are links to our Adv Part2, Wrap Brochure, and Investment Policy Statement that further define and explain how we work with clients.