fiduciary standards

Fiduciary standards require financial professionals to act in their clients' best interests, prioritizing the client's needs over their own. This means providing honest, transparent advice and avoiding conflicts of interest. Fiduciaries must disclose any potential biases and recommend options that genuinely benefit the client, rather than those that serve the advisor's financial gain. Essentially, they are legally and ethically obligated to put their client's interests first in all financial decisions.