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Fiduciary Risk |
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Fiduciary Risk The risk that an agent handling funds on behalf of a principal will not live up to his/her full fiduciary responsibility. That is, fiduciary risk is the possibility that an agent will not act in the client's best interest. This does not necessarily include foul play or fraud. It could simply mean that the agent is not handling the client's funds in the best possible way. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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