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 52

Financial Advisor Fiduciary Duty Insurance Financial Advice 52

Brown Advisory

JANUARY 3, 2023

To be fair, banning large sectors of the economy from a portfolio does not, in our view, embody thoughtful investing. But that desire has been criticized for running afoul of the concept of fiduciary duty–in simplified terms, the duty to act in a client’s best interests at all times.

Fiduciary Duty 52

Fiduciary Duty Management Investing Investments 52

Brown Advisory

JANUARY 3, 2023

To be fair, banning large sectors of the economy from a portfolio does not, in our view, embody thoughtful investing. But that desire has been criticized for running afoul of the concept of fiduciary duty–in simplified terms, the duty to act in a client’s best interests at all times.

Fiduciary Duty 52

Fiduciary Duty Management Investing Investments 52

Brown Advisory

JANUARY 3, 2023

To be fair, banning large sectors of the economy from a portfolio does not, in our view, embody thoughtful investing. But that desire has been criticized for running afoul of the concept of fiduciary duty – in simplified terms, the duty to act in a client’s best interests at all times.

Fiduciary Duty 52

Fiduciary Duty Management Investing Investments 52

The Big Picture

JUNE 20, 2023

And so I would see how the over-the-counter desk, over-the-counter stock desk would push stocks and encourage brokers to sell them, put a lot of commission in them, to move them because some big seller was coming into the market. An economy does better if the most people are prosperous, right? RITHOLTZ: Right.

Insurance 147

Insurance Healthcare Retail Medicine 147