After checking the disciplinary records of Guidestone Advisors, our system found no disciplinary questions to ask. Checks take place monthly.
After checking the regulative records of Guidestone Advisors, our system has identified the surveil question ( sulfur ) to ask. Learn more .
Is Guidestone Advisors also a Broker-Dealer or are they affiliated with one? What conflicts arise from this relationship? How does Guidestone Advisors mitigate them?
presently Guidestone Advisors is besides a Broker-Dealer or is affiliated with one. When firms are dual-registered as broker-dealers, they may be subject to compensation-related conflicts of matter to, including tax income sharing from common funds, cross-selling of commissioned policy products, and the sale of proprietorship investment products. All of these conflicts can negatively impact clients via concealed fees and overall higher costs .
Does Guidestone Advisors offer mutual funds that have 12b-1 fees?
12b-1 fees increase the full annual price of owning a reciprocal fund with no guarantee of higher returns. Some firms receive these fees as payments, which creates an bonus to promote them.
Regulatory disclosures state that Guidestone Advisors sells proprietary investments and products. Please provide me a list of the products and a summary of how much Guidestone Advisors earns from them.
Guidestone Advisors recommends proprietorship investments and products that could generate larger commissions than other like non-proprietary products. This could besides limit the issue and diverseness of investment options available to you and may impact their transferability. Do not be afraid to ask how much they will earn from the product or what early non-proprietary options are available.
Does Guidestone Advisors offer products that have performance-based fees, or does it accept performance-based fees? Will any of my assets be invested in those products?
When performance-based fees are charged, the fiscal adviser is paid for outperforming a benchmark, typically an index. While this may seem like an attractive recompense structure to ensure your adviser is making your money make for you, often, the managers of those products are incentivized to take inappropriate risks to beat their performance benchmark. For case, research has shown that common funds that use bonus fees take on more risk that funds that do not, and tend to double down and increase their risk following a inadequate performance. This could be damaging to a client during down markets .
Does Guidestone Advisors perform side-by-side management? How does Guidestone Advisors mitigate conflicts that arise from managing accounts with differing fee structures?
This typically occurs when firms manage common funds or hedge funds aboard smaller retail accounts. Side-by-side management can create an incentive for the adviser to favor the larger funds, potentially leading to unequal trade costs and unfavorable trade executions for their retail clients .
Our system found no other conflict questions to ask. Checks take position monthly .