Understanding Fiduciary Principles

Course Number: ABA

Course Code: ABA

Covers an expansive view of what it means to be a fiduciary, grounded in the intention of the Prudent Investor Rule. Compares different existing “fiduciary standards” and how to describe the value of working with a fiduciary wealth advisor. Includes clear distinctions between serving clients through a process vs. a product-based or suitability-based approach to selling.

What You’ll Learn

After completing this course, students will be able to:

  • Describe the legal implications for fiduciaries and their principal duties
  • Explain the fiduciary standards, rules and acts, and who they apply to
  • Examine the Prudent Investor Rule and how it applies to fiduciary asset management
  • Describe the fiduciary responsibilities under the Uniform Trust code and OCC Reg 12 CFR 9

Audience: Fiduciary [trust] advisors, planners and team leaders with at least one year of wealth management-related experience seeking a deeper understanding of what it means to be a fiduciary and the array of fiduciary rules governing activities.

Prerequisites: n/a

Register Now

Member Price: $135.00
Non-Member Price: $185.00
Textbook Charge: $0.00

Credits: 0.75 CTFA, 0.75 CISP, 0.75 CRSP, 0.75 CSOP

Length: Approximately 25 minutes

ABA Training