Phrases with «fiduciary capacity»

"fiduciary capacity" refers to a situation where someone is trusted to act in the best interest of someone else or a group of people. This person has a legal and ethical obligation to prioritize the well-being and interests of others over their own. Full definition

fiduciary capacity

Sentences with «fiduciary capacity»

«Very few financial advisers hold themselves out to be fiduciaries, and even fewer will sign an agreement that states, in no uncertain terms, that they are operating in a fiduciary capacity as your adviser,» Davidson explains. (businessinsider.com)
This generally means that the financial firm must enter into a contract with the client acknowledging that it and the advisor are acting in a fiduciary capacity (i.e., will act in the client's best interests). (thinkadvisor.com)
The core of the Morgan Creek investment team has worked together in a fiduciary capacity for many years managing one of the most complex endowment management programs in the country. (morgancreekfunds.com)
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Phrases with «fiduciary capacity»

Sentences with «fiduciary capacity»

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