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Fiduciary (1)
FIDUCIARY (1)

Definition: A person or company that is in a position of trust, especially when it involves controlling money or property belonging to others.
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* All nine elements should be in.


1. Purposeful and considered a necessity to be in particular position.

2. Person is officially recognized, or company is legally registered, to provide particular sort of service.

3. Does not lobby or canvas for portfolio (= money or property) to be managed or administered.

4. Not related to owner(s). That is, person or company has no direct or indirect family or legal link with the owner(s) of the money or property that is being managed. (Connect to #9.)

5. Honest, truthful and sincere with owner of assets under his/her/its care. That is, person or company discloses every material particular concerning what is being looked after, at all times.

6. Benefits or payments, if any, that will be received by service provider will be as per the agreement signed or entered into.

7. Person or company gives excellent advice on investment, purchase and sale options/issues, etc. But complies with whatever directive is given by the owner(s) of money or property.

8. Serves purpose(s). That is, what is being looked after is safe and secured, for as long as necessary, in person's or company's hands.

9. (Reserved.) (Entity does not get involved in drafting the will of the owner(s) of money or property.)
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... MOST TRUSTED.

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