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

WiserAdvisor

MAY 31, 2022

From opening bank accounts, applying for loans, filing licenses, opening investment accounts to buying a home – everything is now online. Ideally, you should know if the person offering to sell securities has the authority and the license to do so. However, the pandemic has changed the take on this aspect. of the salesperson.

Investing 52

Investing Investments License Accounting 52

Darrow Wealth Management

OCTOBER 1, 2024

This makes managing your financial affairs much easier in the event of death, incapacitation, or even a long trip overseas. Trustees have a fiduciary duty to abide by the terms of the trust and make distributions to beneficiaries accordingly. Depending on the type of assets and how it is titled outside of trust.

Assets 98

Assets Estate Planning Distribution Taxes 98

WiserAdvisor

NOVEMBER 21, 2022

Unlike the average investor or other financial professionals, a CFP is a licensed expert in areas like estate planning, taxes, retirement, insurance, and investment planning. Equally important for sustaining their license is the professional conduct of the CFP, which is subjected to great scrutiny by the Board.

Certified Financial Planner 40

Certified Financial Planner Financial Planner CFP Financial Planning 40