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A fiduciary is a person or organisation who has promised to act in the best interests of another person or organisation under the law.
Officers in banking, law, and public companies are all fiduciaries since they are expected to act in the best interests of their clients or shareholders. Those who do not comply run the risk of being held responsible. Financial advisors who are held to fiduciary standards behave in their clients' best interests. Let's take a closer look at Fiduciary Advisor Boston MA.