This CFP Board review to ascertain whether registered investment advisors are, as they advertise themselves, "fee only, is timely. For a growing number of financial services professionals are now registered with both a broker-dealer and RIA — a dual affiliation that might call into question an advisor's objectivity when recommending product. This issue not limited to a select few. A June 2013 report published by the Aite Group for the CFP Board, “Fiduciary Study Findings For CFP Board,” observes that six in ten BD-affiliated registered reps are also licensed as investment advisors subject to a fiduciary standard. And nearly half of registered reps receive compensation for managing investments.