Independent research tool

Find a fiduciary advisor
who actually works for you

Search 14,179+ SEC-registered investment advisers. Compare fees, disciplinary records, and compensation transparency — all verified from government filings, not self-reported profiles.

Fee transparency

We parse Form ADV Part 2 brochure PDFs to extract actual fee schedules — not vague ranges. See what an advisor charges on $500K vs $2M before you make a call.

Verified fiduciary status

We cross-reference SEC registration data, compensation models, and broker-dealer affiliations to verify whether an advisor is truly fee-only — not just claiming to be.

Compensation transparency

Sells insurance? Affiliated with a broker-dealer? Has proprietary funds? We surface these details from SEC disclosures so you can see exactly how an advisor is compensated.

Disciplinary history

Criminal charges, regulatory actions, client complaints — pulled from DRP disclosures in Form ADV and FINRA BrokerCheck. No advisor can hide their record here.

14,179SEC-registered advisers

$131.2Ttotal assets under management

13,334verified fee-only firms

243data fields per filing

How we verify advisors

SEC Form ADV bulk download

We download the complete SEC IARD dataset — every registered investment adviser in the United States. This includes firm details, compensation methods, AUM, client counts, and disciplinary disclosures.

Fiduciary classification

We analyze Items 5E, 6A, and 8 to determine compensation models. If an adviser receives only client-paid fees — no commissions, no 12b-1 fees, no insurance sales — they're classified as fee-only.

PDF fee extraction

Form ADV Part 2 brochures contain actual fee schedules in prose form. We parse these PDFs to extract specific percentages, flat fees, hourly rates, and account minimums.

Conflict and record screening

DRP disclosures reveal criminal, civil, and regulatory actions. We also flag broker-dealer affiliations, insurance licenses, and proprietary product sales as potential conflicts.

What “fiduciary” actually means

A fiduciary financial advisor has a legal obligation to act in your best interest. This is different from the “suitability” standard that applies to brokers, who only need to recommend products that are “suitable” — even if a cheaper or better option exists.

But the term has been diluted. Many advisors call themselves fiduciaries while still earning commissions on insurance products or proprietary funds. The SEC's Regulation Best Interest (Reg BI) created a higher standard for brokers but still falls short of the fiduciary duty that applies to registered investment advisers.

This directory cuts through the marketing. We use SEC filing data to verify whether an advisor is truly fee-only — meaning their only revenue comes from fees paid directly by you. No kickbacks, no product sales, no hidden incentives.