At Safe Harbor Fiduciary, we believe clients should be able to fully understand and define the costs associated with owning their investments. These costs include what the Wall Street Journal has previous called “Hidden”1 and “Murky.”2 This transparency allows our clients to maintain their own checks and balances with the goal of preventing hidden commissions and conflicts of interest from eating into investment returns.

Unlike the Mutual Fund and 401(k) industries, where many fees and transactions can be concealed within the fund’s structure, Safe Harbor’s use of separate accounts provides the client with total transparency as to where the money within their accounts really ends up.

As part of our commitment to transparency, we encourage our clients to perform their own due diligence on Safe Harbor Fiduciary and any other financial advice organization. Due diligence means an investigation into a business or person prior to the signing of a contract, or engaging a person who should act with a specified standard of care.

Your own, personal due diligence may include questioning the wisdom of receiving financial advice from a company that:


  • Recently received government bailouts to stay in business—bailout money that came from you, the U.S. taxpayer

  • Over-leveraged their own company and client assets to a point that they failed to understand the risks to their own financial survival

  • Generates revenue by charging undisclosed commissions and fees on client transactionsIs regularly sued for profit maximizing tactics

  • Motivate their staff by paying them massive commission-based salaries and bonuses


As a supplement to their own due diligence, our clients draw reassurance from the fact that TD Ameritrade large institutional clients undertake and maintain their own stringent due diligence prior to engaging TD Ameritrade as an asset manager. In addition, they are usually required to perform annual, or more frequent, due diligence scrutiny of operations and continuing management capability.

Our operations and systems work on the principles of openness, accessibility and accountability. We have nothing to hide; we encourage our clients to share our interest in exposing the hidden costs and practices of the large, brokerage-led financial system.