Scott Hendrix is an Accredited Investment Fiduciary (AIF®) designee.
fiduciary [fi-doo-shee-er-ee] n.Someone who manages the assets of another person and stands in a special relationship of trust, confidence, and/or legal responsibility.
A fiduciary (which is what your financial planner is), is required by law to always act in the best interests of their client, beneficiary, or retirement plan participant. To learn more, click here.
To earn the designation, each prospect must:
This designation means the fiduciary has a thorough knowledge of fiduciary responsibility and they can be an invaluable resource to other investment fiduciaries and individual investors as well.
The Series 7 license, also called the General Securities License, licenses the holder to sell all types of securities products, except commodities and futures. The Series 7 exam and its licensing is administered by the Financial Industry Regulatory Authority (FINRA). FINRA is a private corporation that acts as a self-regulatory organization, and is the successor to the National Association of Securities Dealers, Inc.
The Series 66 is an exam and license that qualifies individuals as Investment Advisor Representatives or Securities Agents. It is also known as the Uniform Combined State Law Examination and covers topics relevant to providing investment advice and transacting in securities for clients.