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Refined Energy Corp C.RUU

Alternate Symbol(s):  RFMCF

Refined Energy Corp., formerly Refined Metals Corp., is a junior mining company. The Company is focused on identifying, evaluating and acquiring interests in mineral properties in North America. It is engaged in the exploration and development of its three properties, Dufferin Project, Horizon South Property and Lac Simard Lithium Property. The Dufferin Project consists of two properties, the Dufferin West and Dufferin North. The projects are located 310 kilometers (kms) and 330 km northwest of La Ronge, Saskatchewan within the Athabasca Basin and consists of over 11 mineral tenures, which covers an area of approximately 6,424 hectares. The Horizon South Property is located in the endowed Big Smoky Valley basins in Esmeralda County, Nevada. The Horizon South Property has approximately 7,900 acres at a total of 381 claims. The Lac Simard Property covers approximately 5,551 hectares of land in western Quebec and is 85 kilometers from the city of Valdor.


CSE:RUU - Post by User

Post by FJWN2023on May 29, 2023 4:28pm
148 Views
Post# 35469234

Fiduciary Financial Advisor

Fiduciary Financial Advisor

Financial Advisor” is a bit of a nebulous signifier these days. If someone tells me they are a financial advisor that could mean they do financial planning, investment management, securities trading, insurance sales, financial coaching, tax management, wealth transfer, 401(k) administration, and/or a variety of other tangential tasks in the world of personal finance. In addition to this, and more pertinent to this post, someone claiming they are a financial advisor can have disparate ways in which they are regulated and compensated.

Generally, financial advisors fall into one of three camps:

  • Investment Adviser Representatives – Employees of a Registered Investment Adviser, regulated by individual states or the SEC. These advisors must always act as fiduciaries in the best interests of their clients. This is what Ferguson-Johnson Wealth Management and our advisors are.
  • Registered Representatives – Employees of a Broker-Dealer regulated by FINRA. These advisors are held to a suitability standard when making recommendations to clients (more on this later).
  • Dual Registered – Employees of Hybrid firms that can ‘switch hats’ to be an Investment Adviser Representative or a Registered Representative as wanted/needed.

Only individuals that act as #1, 100% of the time, are true fiduciaries that must act in the best interest of their client at all times. Personally, I think it is ridiculous that individuals can call themselves a “financial advisor” and not hold themselves to this standard.

 
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