Understand what a fiduciary bond is and why it is important in protecting the interests of beneficiaries and other parties ...

For example, investment advisors registered with the U.S. Securities and Exchange Commission (SEC), as well as with many states, have a fiduciary duty to their clients and must disclose any ...

President Obama's fiduciary rule is set to go into effect June 9. Actually, it goes into partial effect June 9, and into full effect next January. The rule requires financial professionals to act ...

A fiduciary duty is an obligation to act in another party’s best interest. Read about fiduciary duties and breaches in fiduciary duty that can occur.

In the wake of the 2003 mutual fund scandal, fiduciary responsibility has suddenly become as hot as baseball's steroid scandal. ... For example, Fidelity Investments' mutual funds, on average, ...

This is an important aspect of a fiduciary duty, as mixing a fiduciary’s assets with clients’ assets can be regarded as theft. There has been at least one high-profile case where this happened.

While the fiduciary rule wasn’t implemented, it did have an impact on the industry: It led to changes such as reduced sales of high-cost annuities, for example.

In a comment letter to the SEC, Morningstar’s Aron Szapiro explores what changes the fiduciary rule has had on the asset management industry and what the SEC can do to help investors.

For example, you might pay a 0.25% fee for each mutual fund you invest in. These fees go to the investment companies that manage the funds, not to the advisor. Frequently asked questions (FAQs) ...

A true fiduciary could charge assets under management (AUM) fees and use mutual funds that don’t charge a commission, but they can’t sell a mutual fund as a product, says certified financial ...

You should not trust a point in time fiduciary for even a single heart beat. ... For example, an employer may ask a provider if it is prudent to add a particular fund to its 401(k), ...