Fiduciary duties: under what circumstances and conditions? It can get a little complicated. Best to have a contract drawn documenting an investment advisor's duties. It likely will cost more to obtain greater degrees of fiduciary duties. Here is how the SEC as of 2019 interprets fiduciary duty under the Investment Advisors Act of 1940.
https://www.sec.gov/rules/interp/2019/ia-5248.pdf
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Last edited by manaboutown; 04-14-2021 at 01:32 PM.
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