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Fiduciary Standard
The fiduciary standard is a legal and ethical requirement for certain financial advisors to act in the best interest of their clients, putting the clients' interests ahead of their own.
Investment Advisors
Professionals who provide financial advice or investment management services to clients, based on their financial situation and goals.
Clients' Interests
The priorities and goals that are in the best financial or professional benefit of a client, often emphasized in advisory roles.
Suitability
The requirement that investment choices made by a financial advisor or broker must be appropriate for the client, taking into consideration the client's financial situation, objectives, and risk tolerance.
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