2003, Fiduciary Duty and Financial Services

Does being a fiduciary financial advisor REALLY matter – or is it “meh?”

Sara Grillo

AUGUST 14, 2023

Legal definition of the fiduciary standard To quote directly from a paper by Attorney Lorna Schnase , two bodies of law form the legal basis for the fiduciary standard: Common law: Under common law principles of agency, an investment adviser, as agent, owes fiduciary duties to its client, as principal.3

Financial Advisor

Financial Advisor Fiduciary Duty Insurance Financial Advice

Transcript: Ilana Weinstein

The Big Picture

JULY 4, 2023

Their mainstay financial services practice, which was banking and equities, fell off a cliff. RITHOLTZ: So you launch your own firm IDW in 2003. We love, but at the end of the day, They have a fiduciary duty to their LPs to hire the best person. And at the same time, the dot com bubble collapsed.

Management

Management Recruitment Numbers Banking

Financial Advisor Source

Does being a fiduciary financial advisor REALLY matter – or is it “meh?”

Transcript: Ilana Weinstein

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