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But here’s something many people don’t realize: not everyone in this profession is required to honor these rules and place your needs ahead of theirs.Here’s how to make sure your advisor is the best fit for the job and why being fiduciary matters.Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's howDave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what it is and 3 simple steps to fix it ASAPI’m almost 50 years old and have nothing saved for retirement. What do I do? Don’t panic. Here are 6 easy ways to catch up (and fast)Under U.S. law, registered investment advisers (RIAs) are required to act as fiduciaries. They owe clients both a duty of care and a duty of loyalty.The duty of care means the advisor has to have a reasonable understanding of your financial situation, objectives and constraints, and make recommendations in your best interests.The duty of loyalty means the advisor has to put your interests ahead of their own. They must avoid or disclose any conflicts of interest. In other words, they can’t place their own financial incentives over your well-being.The U.S. Securities and Exchange Commission (SEC) reaffirmed in 2019 that these fiduciary obligations can’t be waived away by contract or disclosure (1), so it’s actually illegal for a fiduciary advisor not to act in your best interest.Now that you know what it is, how can you find out if an advisor is a fiduciary? By doing the following: Ask the advisor. In your first conversation, ask whether they act as a fiduciary in all the advice they provide. If the answer is evasive — or they say “only for some services” — treat it as a red flag.Use public databases. The Investment Adviser Public Disclosure (IAPD) website is the official U.S. database for RIAs and advisor representatives. Check there to see whether a firm or person is registered, what services they provide, whether there have been disciplinary events and how they are compensated.BrokerCheck. 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