What is a Fiduciary?

A fiduciary is a person or an entity that acts in the best interest of another person.

It is important to know there are many types of financial advisors, but they are not always fiduciaries.

Here are a few key points relating to a fiduciary's role:

  • Perform with the client’s best interest in mind.
  • Maximize the client’s financial benefit whenever possible.
  • Avoid conflicts of interest.
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