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A Fiduciary is simply someone who is legally and ethically bound to make decisions in the best interest of the client. Fiduciaries can be found in many different relationships, such as an investment advisor to an investor, a corporate board member to the shareholders, a guardian to a ward, and a few others. These individuals, with a fiduciary responsibility, meet what is known as the “Fiduciary Standard,” which requires advisors to operate in “good faith,” disclose any possible conflicts of interest, and advise solely in the client’s best interest. _______________________ 0:00 Intro 0:08 Fiduciary Definition 0:44 The Suitability Standard 0:59 The Fiduciary Standard 1:19 Discussion _______________________ Talk with an advisor by emailing [email protected] Learn more by visiting the page: financestrategists.com/terms/fiduciary/ Check out the main Finance Strategists YouTube Page here: / @financestrategists4468 _______________________ Message from the founder: Here at Finance Strategists, we believe one of the best ways you can help someone is with their finances. We create helpful informational videos and content to help people take control of their finances. Finance Strategists plans to launch "Finance Strategists for Kids" where we teach fundamental financial concepts to kids in a clear manner allowing them to generate margin in their lives to bless other people. We believe raising up a generation of leaders with financial freedom can change individual lives, neighborhoods, countries, and the world. _________________________ 🔔 Hit the bell next to Subscribe so you don't miss a video! 📧 Fill out this form to receive the "Finance Word of the Day" in your inbox! 👨🏻💻 Watch our newest vids! - https://bit.ly/FS-Recently-Added 💃 To book Ranie for voiceover or spokeswoman, email [email protected] _________________________ Follow us on Socials: Website: FinanceStrategists.com Instagram: @financetrategists Twitter: @FinStrategists LinkedIn: https://bit.ly/FS-linkedin Facebook: https://bit.ly/Facebook-FS