Behind the Process: How We Serve Clients

Choosing a Financial Advisor: Fiduciary vs. Suitability Explained

July 22, 2025

Summary

What should you really look for when choosing a financial advisor? In this video, Bill Waltman and Eric Foster—partners at PYA Waltman Capital—break down the essential questions you need to ask before hiring a financial advisor.

  1. What is the difference between a fiduciary and suitability standard?
  2. How do fee-only financial advisors operate?
  3. What role do certifications like CFP®, CPA, and CFA play?
  4. Why does a collaborative team approach matter?

At PYA Waltman Capital, we operate as fee-only fiduciary advisors—meaning our only obligation is to our clients’ best interests. We don’t sell commission-based products, and we’re here to offer clear, conflict-free financial guidance.

Our Services Include:

  • Wealth Management
  • Investment Planning
  • Retirement Planning
  • Tax-Efficient Strategies
  • Estate Planning Coordination
  • Financial Planning for Families & Institutions

If you're searching for a fiduciary financial advisor in Knoxville or East Tennessee, or looking for transparent financial planning backed by decades of experience, this video is for you.