FAQs
Understand key financial terms with confidence.
Question
What is a fiduciary?
Answer
A fiduciary is a person or organization who has a legal and ethical obligation to act in your best interest. It’s a relationship built on trust, where the fiduciary must put your needs and interests above their own.
Fiduciaries are often professionals like financial advisors or attorneys, but they can also be individuals appointed in a personal capacity, such as a family member named executor of a will.
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