What is Non-Fiduciary: Understanding the Basics
Non-fiduciary advisors, in stark contrast to their fiduciary counterparts, operate under a different set of ethical and legal obligations when providing financial guidance. Unlike fiduciaries who are bound by law to prioritize their client’s best interests, non-fiduciary advisors may not be held to the same stringent standard. Essentially a non-fiduciary advisor is not legally obligated … Read more