---
title: "What is a Fiduciary Financial Advisor and Why Are They Important?"
description: "What Is a Fiduciary Financial Planner and How They Are Different? You may have heard that a fiduciary financial planner is required to act in your best…"
url: https://financialadvisors.com/blog/what-is-a-fiduciary-financial-advisor-and-why-are-they-important/
---

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# What is a Fiduciary Financial Advisor and Why Are They Important?

April 30, 2022

![A smiling senior couple meets with a professional advisor in a bright office](https://financialadvisors.com/_emdash/api/media/file/01M31EAXHG4W8EMGK0VG8VBRGD.jpg)

You may have heard that a fiduciary financial planner is required to act in your best interest. But what does that actually mean for you? How is that different from what you can expect from any other financial planner? Well, it’s different because acting in your best interest is required of a fiduciary, where it’s only recommended of a non-fiduciary advisor.

## The Fiduciary Standard

A fiduciary financial planner, like William Bevins CFP® CTFA, is required to act in your best interests rather than their own. Mr. Bevins is a fee-only financial planner, who does not receive sales commissions.

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