Wednesday, June 17, 2009

5 Fiduciary Principles

Your financial advisor is fiduciary if they:

- Put the client's best interest first

- Act with due care and utmost good faith

- Do not mislead clients; provide clear and conspicuous, full and fair disclosure of all material facts

- Avoid conflicts of interest

- Disclose and fairly manage any remaining material conflicts in the client's favor

No comments:

Post a Comment