A conflict of interest occurs when a firm has multiple financial incentives, in which serving one may involve working against another. When it comes to financial advice, there are many conflicts of interest that you should look out for. 

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Here are just a few examples:

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When an investment advisor is also a broker-dealer, there are two major conflicts to consider. First, if you're charged transaction fees for individual trades in your portfolio, the advisor/broker-dealer may have an incentive to recommend certain securities in which they'll earn a commission from your transaction fees, in addition to your advisory fee. They may also have the incentive to recommend you make transactions at higher frequencies than necessary to generate additional commissions. Secondly, if your advisor/broker-dealer instead covers your transaction costs through a wrap-fee program, they may have the incentive to make transactions in your portfolio less frequently than necessary in order to minimize their own costs. TJSinvest has eliminated these ulterior incentives by providing clients with a wrap-fee program in which transactions are completed by an unaffiliated broker-dealer. 

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When an investment advisor is also an insurance agent/broker, they may have the incentive to sell you insurance products (such as annuities or life insurance) in order to generate commissions and/or reach sales quotas, rather than recommend an investment which may be better suited for their client's needs and goals. They may also have the incentive to advise you to make purchases which result in higher insurance premiums and therefore higher commissions for themselves. TJSinvest does not sell insurance products, nor is it affiliated with any insurance agent/broker.

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By eliminating these conflicts of interest, TJSinvest can better focus on providing satisfactory advice to clients.

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