Structural Separation Complements Fiduciary Duty: Solving the Two Masters Problem
If you ask most investors what protects them, you’ll hear the same answer: “My advisor is a fiduciary. Fiduciary is a powerful word backed by law. It implies loyalty, prudence, and undivided service to the client’s best interest. And the word duty adds an ongoing obligation to uphold and protect those qualities. But here’s the […]