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Who is NTLS Wealth Management?

Nautilus Advisors LLC idoing business as NTLS Wealth Management is an independent fee-only SEC Registered Investment Advisor that provides comprehensive wealth management and financial planning. Compensated solely by their clients, Nautilus Advisors LLC does not receive any outside incentives for recommending investments or financial products. Nautilus Advisors LLC makes no "soft-dollar" arrangements with brokerages or research organizations with which it does business. Nautilus Advisors LLC represents only its clients and endeavors to obtain the best trade executions in all situations consistent with the quality of service provided through its business relationships. Revenue is derived solely from its management and planning fees.

Nautilus Advisors LLC is a Fiduciary

Federal and state laws require that Registered Investment Advisors are held to a Fiduciary Standard. This law requires that an advisor act solely in the best interest of the client, even if that interest is in conflict with the advisor’s financial interest. Investment Advisors must disclose any conflict, or potential conflict, to the client prior to, and throughout a business engagement. Investment Advisors must adopt a Code of Ethics and fully disclose how they are compensated.

Fiduciary - A Financial Advisor held to a Fiduciary Standard occupies a position of special trust and confidence when working with a client. As a fiduciary, the Financial Advisor is required to act with undivided loyalty to the client. This includes disclosure of how the Financial Advisor is to be compensated and any corresponding conflicts of interest.

Who is a Fiduciary?

Fiduciary responsibility applies to more than just the financial services industry. Professionals in other fields also are legally required to work in your best interest.

Type of Professional Are They Fiduciaries?
Physicians Yes, by following the Hippocratic Oath
Lawyers Yes
Stock Brokers No
Insurance Agents No
Registered Representatives No
CFP Practitioners Maybe*
Financial Planners Maybe*

*Advisors who are affiliated with a broker-dealer firm are most likely not fiduciaries. If the client signs an NASD binding arbitration agreement (which is required by almost every broker-dealer firm), then the firm’s advisors would not be held to a Fiduciary Standard by the North American Securities Dealers. CFP Practitioners and Financial Planners are held to a Fiduciary Standard if they are also Registered Investment Advisors (RIA) or associated with an RIA.