As an Investment Advisor Representative, Craig A. Stevens is required by law to always act in his clients' best interest as his clients' fiduciary.  This means that he must place his clients' interests above his own.  

 

By contrast, registered representatives (sometimes referred to as "stockbrokers"), are held to a "suitability" standard.  This means that although a registered representative must know your financial situation and must recommend financial products that are "suitable" for you, a registered representative is not required to act in your best interest.  Rather, it is up to you to know what is in your best interest.

 

The Maine Office of Securities offers more information on this topic in the form of an "Investor Education Brochure" that you can access here.

 

Craig A. Stevens is also a Maine licensed insurance producer and offers a wide range of insurance services to his clients including life insurance, long-term care insurance and annuties.  Most insurance producers are also held to a "suitability" standard. Nevertheless, Craig A. Stevens pledges to always act as his clients' fiduciary when offering insurance services.

 

Please contact us if you would like to sit down to discuss whether fiduciary services might be right for you.