Series 65: 5.1.3. Fiduciary Accounts

Taken from our Series 65 Online Guide

5.1.3. Fiduciary Accounts

Fiduciary accounts are accounts where a third party manages the account for a client. The third party is called the fiduciary. A fiduciary may be an investment adviser, bankruptcy trustee, executor of an estate account or trust account, or guardian of minor account. Fiduciaries have a duty to put the accountholder’s interests before their own.

Since you're reading about Series 65: 5.1.3. Fiduciary Accounts, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 65
Please Enable Javascript
to view this content!