Fiduciary vs Suitability (60-Second Check)

Updated on July 1, 2026

Unsure if your advisor must act in your best interest? Use this 60-second fiduciary vs suitability check, send a written fiduciary-oath request, then read the firm’s Form ADV fees and conflicts before comparing proposals.

Quick questions

They confirm in writing they act as a fiduciary at all times (not “when providing advisory services” only). They’re dually registered (RIA + broker-dealer) and can earn commissions on products. They sell commissioned products (annuities, A-shares, insurance) or receive referral fees. They are fee-only (no commissions) and will sign a fiduciary oath. They list an SEC/State RIA and a CRD/IAPD link on their site or ADV.

Result: Answer questions to see your status…

One-click email: ask for a fiduciary oath

Send this to your advisor/prospective advisor. Edit the bracketed parts.

What “suitability” vs. “fiduciary” means

Suitability (broker/dealer standard): recommendation must be “suitable,” but can still pay the firm more. Conflicts may exist.
Fiduciary (RIA standard): adviser must put your interests first, avoid/mitigate conflicts, and disclose them in writing (e.g., Form ADV).

Next: use our Find-a-Fiduciary Checklist and the Which Fee Model Fits Me? quick quiz.

Educational only. Confirm your advisor’s legal status and documents (Form CRS/ADV) on the SEC’s IAPD.