A fiduciary deposit account is an account that’s owned by one or more persons but managed by another. The owner is known as the principal, while the manager is known as the fiduciary. These accounts ...

Regardless of how regulators resolve the fiduciary issue, more client assets than ever are being held to a fiduciary standard, according to a report by Cerulli Associates. Almost $18 billion — or 42% ...

Fiduciary funds are assets that one party manages on behalf of another under a legal obligation to act in the beneficiary's best interest. These arrangements are common in estate planning, retirement ...

Today, the word fiduciary is used to describe everything from comprehensive financial planning relationships to narrow, account-specific arrangements at banks, brokerage firms and insurance companies.

As a first-generation American who grew up in a low-income neighborhood, I know the challenges that working families face in building a solid financial future for themselves. So, when the federal ...

HONG KONG, March 31 (Reuters) - The Hong Kong Monetary Authority said on Thursday that it will launch a fiduciary account service denominated in the Chinese currency, a move that would allow banks to ...