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Political Factoid
Financial corporations* may "employ"
fiduciaries, but the companies
themselves are usually anything but.
"A fiduciary is a person or organization
that acts on behalf of another person
or persons, putting their clients' interest
ahead of their own, with a duty to preserve
good faith and trust. Being a fiduciary
thus requires being bound both legally and
ethically to act in the other's best interests."
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Investopedia
www.investopedia.com
Retrieved 2021-Jul-10
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banks, insurance, and investment firms, etc.
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