Fiduciary - Wikipedia A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (legal person or group of persons) Typically, a fiduciary prudently takes care of money or other assets for another person
Fiduciary Meaning: What Is a Fiduciary Duty? - NerdWallet A fiduciary is an individual or organization that manages money and has a legal duty to act in the best financial interests of someone else Fiduciaries have a bond of trust with clients and must
What is a fiduciary? - Consumer Financial Protection Bureau What is a fiduciary? A fiduciary is someone who manages money or property for someone else When you’re named a fiduciary and accept the role, you must – by law – manage the person’s money and property for their benefit, not yours
Fiduciary | Definition, Standards, Duties, Relationships, Breach What Is a Fiduciary Standard? A fiduciary is someone who is legally and ethically bound to make decisions in the client's best interest Fiduciaries can be found in many different relationships, such as investment advisors to an investor, corporate board members to shareholders, a guardian to a ward, and a few others
fiduciary | Wex | US Law | LII Legal Information Institute A fiduciary, derived from the Latin term for “trust”, is a person owing a fiduciary duty to another When someone has a fiduciary duty to someone else, the person with the duty must act in a way that will benefit someone else financially Owing a fiduciary duty to a party creates a fiduciary relationship