American Investment Services, Inc.

Disciplined, Diversified, & Cost Effective

October 2015 – Will your Broker Sign This?

For many years investors have endured a confusing dual legal standard of care that exists within the money management industry. Registered Investment Advisers (RIAs) such as AIS must place their clients’ interests first while others, such as brokers, are held to a lower standard which only requires that they offer investment choices that are “suitable” to their clients’ circumstances.

RIAs have a fiduciary duty to their clients. They must put your interests ahead of their own at all times, by providing advice and recommending investments that they consider to be best for you. RIAs are also required to provide up-front disclosures about their qualifications, what services they provide, how they are compensated, possible conflicts of interest, and whether they have any record of disciplinary actions against them. Brokers are generally not considered…


Also In This Issue

Quarterly Review of Capital Markets
Unhealthy Attachments
Why It’s So Hard to Delay Social Security
The High-Yield Dow Investment Strategy
Recent Market Statistics
The Dow-Jones Industrials Ranked by Yield
Recommended Investment Vehicles