Security Financial Advisors

As a registered investment adviser in the United States, Security Financial Advisors is legally bound by a fiduciary duty to its clients. This means the firm must act in clients' best interests, disclose conflicts of interest, and seek best execution on investment transactions. This fiduciary standard is enforced by the SEC or state securities regulators depending on the firm's regulatory assets under management.

Based on its RIA registration, Security Financial Advisors likely provides investment management, retirement planning, tax-aware portfolio construction, and ongoing financial advice. The firm probably charges a fee based on a percentage of client assets under management, though some RIAs also offer hourly or fixed-fee planning arrangements.

A registered investment adviser is held to a fiduciary standard requiring it to place client interests first in all recommendations. Broker-dealers operate under Regulation Best Interest, which requires them to act in the client's best interest at the time of a recommendation but does not impose the ongoing duty of loyalty and care that applies to RIAs. This distinction is fundamental to understanding the client relationship at Security Financial Advisors.

Registered investment advisers managing less than $100 million in regulatory assets are typically regulated by state securities authorities. Firms above that threshold register with the SEC. Without confirmed AUM data, it is unclear whether the SEC or a state regulator oversees Security Financial Advisors. Both impose fiduciary obligations and conduct periodic examinations.

Most RIAs charge an annual advisory fee calculated as a percentage of assets under management, commonly ranging from 0.50% to 1.25% depending on account size and service complexity. Some also offer flat-fee financial planning engagements. Any specific fee schedule would be disclosed in the firm's Form ADV Part 2A brochure, a regulatory filing available to clients and prospective clients.