Fiduciary Statement
As a fiduciary Registered Investment Advisor (RIA), Silverlake Portfolo Advisors is legally bound to make recommendations that are in the best interest of each client. We are required to maintain the highest standard of care, over and above the "suitability standard" imposed on traditional brokerages and other financial services firms that are not licensed to practice as an RIA. Silverlake adheres to the Five Core Principles of fiduciary practice as described by the Committee for the Fiduciary Standard:
Five Core Principles:
• Put the client’s best interests first;
• Act with prudence, that is, with the skill, care, diligence and good judgment of a professional;
• Do not mislead clients--provide conspicuous, full and fair disclosure of all important facts;
• Avoid conflicts of interest;
• Fully disclose and fairly manage, in the client’s favor, unavoidable conflicts.
