Phil Cannella Explains Fiduciary Responsibility – Phil Cannella News


crproPhil Cannella speaks about this often

Phil Cannella – Phillip Cannella News: Phil Cannella often speaks of a fiduciary responsibility. What exactly is that you may ask. According to the dictionary, the word means “involving trust, especially with regard to the relationship between a trustee and a beneficiary.”

Phil Cannella demands accountability

Why is it that Phil Cannella speaks about this so often. Very simply put, because a lot of professionals in the financial services industry don’t uphold any such responsibility toward their clients. Phil Cannella demands of his peers that they be accountable for their actions. If a client of theirs loses their nest egg and you were their advisor, then you need to be held accountable.

It is for this reason that Phil Cannella focuses on those vehicles that provide safety for people in or approaching retirement. You cannot afford to lose your life savings when you hit the point in your life when you want to retire. Phil Cannella strives for his clients to have the retirement they wished for by preserving and growing their assets without market risk.

Market risk is Wall Street. Market risk is stocks and mutual funds. These are far from the only vehicles that one can select from if you want to invest your assets. Phil Cannella through his educational events strives to show you how to invest your monies so that you can enjoy your final years.

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