| What is an Independent Financial Advisor?
An independent financial adviser has opted for a strict regulatory status which requires him to be remunerated only by his clients. If he receives retrocessions following intermediation, he is obliged to return them.
This has a very strong influence on the freedom and quality of advice. It is essential in order to provide so-called fiduciary advice.
This self-employed status, introduced by the European directive MIF2, is defined and controlled by the Autorité des Marchés Financiers (French security markets authorities), as can be seen on this page of their official website: