a fiduciary to place client interests ahead of their own. More specifically, a fiduciary must not have any undisclosed financial or personal dealings that may present a conflict of interest with a client. If there is a possible conflict of interest, the fiduciary must disclose it to the client...
Summary A good Fiduciary Manager plays a very important role in supporting the management of a fund, yet the Fiduciary is not a replacement for the actual managers of a pension fund. The Fiduciary merely supports and carries out decisions that are actually made by a fund's board. Nonetheless...
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On this page, you'll find the legal definition and meaning ofFiduciary, written in plain English, along with examples of how it is used. What is Fiduciary? 1\) n. Latin meaning “trust.” Refers to a business or person who may act for another with total trust, good faith, and honest...
fiduciary 信托的;信用的;受信托的 adjective /fuh-DOO-shee-air-ee/ [fəˈduʃiəri]What It Means Fiduciary is a formal word meaning "relating to or involving trust (such as the trust between a customer and a professional)."Fiduciary正式词,指“有关、涉及信任的(像是客户和专员的...
What Is a Fiduciary? A fiduciary is any person or entity that legally and ethically acts on behalf of another individual or group. It can be a legal guardian, a financial advisor, a trustee, an executor, a broker, a banker, or an insurance agent. ...
A 'Perfect Storm' is named for its unique converging forces that individually would each create a 'strong storm' but together feed perfectly into each othe... D Lorenz - 《Economics & Management of Climate Change》 被引量: 4发表: 2008年 ...
It is important to understand what is meant by "fiduciary duty" and the legalities behind it. A fiduciary duty is a duty or responsibility to act in the best interest of someone else. The person who is duty bound to another person, in a fiduciary relationship, is called a fiduciary. The...
Duty of care is another. It means that a fiduciary will take special care to make sound, sensible decisions regarding a beneficiary's well-being. No conflicting interest will be permitted to influence the fiduciary's actions on behalf of the client. Duty to disclose is a third. It refers t...
Incorporating the wordfiduciaryin describing this strategy can be a bit misleading, but the concept is very much in line with the spirit of what that word means. Say an investor wants to buy a certain amount of a stock. They have the funds needed to buy the desired shares; however, rathe...