A Fiduciary is defined as a legal agreement between two parties (generally referred to as a “fiduciary” and a “principal”), whereby one party holds assets for the other with the legal right and responsibility to make decisions regarding financial matters on behalf of the other party. A fiduciary must uphold the highest standard of care to the principal and must not put personal interests before those of the principal.
In the financial services industry, it is common to refer to Financial Advisors, Bank personnel and Insurance professionals as fiduciaries. In truth, these professionals are responsible for the financial well-being of their clients, thus must put their clients’ interests before their own.
It is extremely important for these professionals to understand their fiduciary responsibility to their clients, and seek to receive continuing education and training to stay abreast of changing legislation and requirements in the industry.
Let VendorPedia help you with additional Fiduciary training resources!
Earn your License quickly and easily!
Improve your knowledge and industry standing!
Products & Services to help manage and grow your career!
Need training or resources in other areas? Try our other Training Center sites:
HR, Acct., Banking, Insurance, Fin. Svcs., Real Estate, Mortgage, HealthCare, Safety, Sales
|Share on Facebook|
Share on Twitter
Share on Google+
Texas All-Lines Adjuster Pre-Licensing ONLINE Course
Associate in General Insurance (AINS)
Associate in Premium Auditing (APA)
Surplus Lines Online Exam Prep Course
FMLA Training &Certification Program
ADA Training &Certification Program
COBRA Training &Certification Program
Basics Of Affirmative Action Planning
Cafeteria Plan Training &Certification Program
Business Writing for Results
Earn Your CFP
Qualified Financial Advisor (QFA)