The meaning of FIDUCIARY is of, relating to, or involving a confidence or trust. How to use fiduciary in a sentence. Did you know?

Jan 26, 2025 · Fiduciaries are persons or organizations that act on behalf of others and are required to put the clients’ interests ahead of their own, with a duty to preserve good faith and trust....

A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (legal person or group of persons). Typically, a fiduciary prudently takes care of money or other assets for another person.

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Jun 27, 2023 · What is a fiduciary? A fiduciary is someone who manages money or property for someone else. When you’re named a fiduciary and accept the role, you must – by law – manage the person’s money and property for their benefit, not yours.

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FIDUCIARY meaning: 1. relating to the responsibility to take care of someone else's money in a suitable way: 2…. Learn more.

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Dec 13, 2023 · Fiduciary duty is a legal obligation that requires an individual or entity, known as a fiduciary, to act in the best interests of another party, known as the beneficiary or principal. The fiduciary duty imposes a high standard of care, loyalty, and honesty on the fiduciary, ensuring they prioritize the beneficiary’s interests above their own.

Feb 13, 2025 · Basic fiduciary duties include making decisions that are in the best interest of another person or entity. This means, in part, that they have a legal duty of loyalty to an …