Fiduciary Responsibilities of Some Investment Advisors

Family Office Podcast: Billionaire & Centimillionaire Interviews & Investor Club Insights

内容由Richard C. Wilson, CEO of Family Office Club, Richard C. Wilson, and CEO of Family Office Club提供。所有播客内容（包括剧集、图形和播客描述）均由 Richard C. Wilson, CEO of Family Office Club, Richard C. Wilson, and CEO of Family Office Club 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品，您可以按照此处概述的流程进行操作https://zh.player.fm/legal。

3M ago 3:15

MP3•单集首页

Send us a text

Michael discusses how acting as a fiduciary changes the approach to due diligence when evaluating fund managers. As fiduciaries, the standard is not just about suitability—it's about prioritizing the best interests of clients above all else.
Here are some key takeaways:
Fiduciary Responsibility: The fiduciary standard requires putting clients' interests first, not just choosing investments that are “suitable.”
Due Diligence Mindset: When evaluating investment managers, fiduciaries look beyond the 5 P’s (People, Processes, Performance, Plans, Platforms).
They aim to understand if the manager truly values the families' capital and sees it as more than just a commodity.
The Human Impact: Every investment decision impacts real lives, not just numbers on a balance sheet. A genuine fiduciary approach acknowledges this responsibility and seeks alignment with managers who share this mindset.
If you're interested in how fiduciary standards can elevate due diligence and decision-making, this episode is for you. Don't forget to like, comment, and subscribe for more insights!
#FiduciaryDuty #DueDiligence #InvestmentAdvice #FundManagement #WealthManagement #FinancialPlanning #5PMethod #InvestmentStrategy #ClientFirst #FinancialResponsibility #InvestmentManager #FamilyOffice #WealthAdvisors #EthicalInvesting #InvestmentInsights

753集单集