15 November 2022

is anyone with legal responsibility for managing somebody else’s money, such as a member of the investment committee of a charity.

5 common misconceptions about fiduciaries:

#1: Everybody Is a Fiduciary

#2: There Is Always a Test or License

#3: Fiduciary Law Is Easy to Enforce

#4: A Fiduciary Guarantees a Profit or Protection from Losses

#5: Fiduciaries Are Always Honest

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