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   Do you owe your client a fiduciary duty?

   • A fundamental principle of any agency relationship is that you act in the best interest of the client who hired you. You owe your client this fiduciary duty. This means, above all else, that you must put your client’s interests ahead of everyone else’s, including your own, except when explicitly required by law.

   Duties to Clients Information - BCFSA

   www.bcfsa.ca/industry-resources/real-estate-professional-resources/knowledge-base/information/duties-clients-information

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   What are examples of fiduciary duty?

   • Lawyers advance the interest of their clients, financial advisors get the best investment returns for your goals and corporate executives manage public companies for the benefit of their shareholders. These are all examples of fiduciary duty, the legal and ethical obligation for professionals to act in the best interest of their clients.

   What Is Fiduciary Duty? – Forbes Advisor

   www.forbes.com/advisor/investing/financial-advisor/what-is-fiduciary-duty/

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   What does a fiduciary attorney do?

   • As a fiduciary, an attorney must act with fairness, loyalty, care, and within the law on behalf of the client. Attorneys can be sued by clients for breaches of their fiduciary duties. They're accountable to the court in which a client is represented when a breach occurs.

   What Is a Fiduciary Duty? Examples and Types Explained - Investopedia

   www.investopedia.com/ask/answers/042915/what-are-some-examples-fiduciary-duty.asp

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   What are the responsibilities of a fiduciary?

   • Fiduciaries may have additional duties, depending on their industry. Professionals who work in the financial services industry, such as chartered financial analysts and corporate directors, must at a minimum abide by the duty of care and the duty of loyalty. Fiduciary duty applies to people who fill a wide range of roles and positions.

   What Is Fiduciary Duty? – Forbes Advisor

   www.forbes.com/advisor/investing/financial-advisor/what-is-fiduciary-duty/

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   Do financial advisors have a fiduciary duty?

   • Specific duties and obligations vary depending on state laws and the nature of the relationship. For example, fiduciary financial advisors are required to act in the best interest of their clients when giving them investment advice or managing their money. But not all financial advisors are bound by fiduciary duty.

   What Is Fiduciary Duty? – Forbes Advisor

   www.forbes.com/advisor/investing/financial-advisor/what-is-fiduciary-duty/

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   Who has a fiduciary relationship?

   • The most common fiduciary relationships involve legal or financial professionals who agree to act on behalf of their clients. A lawyer and a client have a fiduciary relationship. So do a trustee and a beneficiary, a corporate board and its shareholders, and an agent acting for a principal.

   What Is a Fiduciary Duty? Examples and Types Explained - Investopedia

   www.investopedia.com/ask/answers/042915/what-are-some-examples-fiduciary-duty.asp

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2. www.bcfsa.ca › duties-clients-guidelinesDuties to Clients Guidelines - BCFSA

   www.bcfsa.ca › duties-clients-guidelines

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   May 4, 2021 · Fiduciary duties owed to your client are fundamental to the agency relationship. When your client permits or requests a modification of duties, they must understand the benefits and inherent risks involved.

3. lawjournal.mcgill.ca › article › understandingUnderstanding Fiduciary Duties and Relationship Fiduciarity

   lawjournal.mcgill.ca › article › understanding

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   To whom is he a fiduciary? What obligation does he owe as a fiduciary? In what respect has he failed to discharge these obligations? And what are the consequences of his deviation from duty?”

4. Videos

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     investopedia.com

     What Is a Fiduciary Duty? Examples and Types Explained

     Apr 29, 2015

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     Fiduciary Duty | Ethics Defined

     Dec 18, 2018

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     4:07

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     Window to the Law: Know Your Fiduciary Duties

     Nov 13, 2023

     1.5K Views

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5. www.bcfsa.ca › duties-clients-informationDuties to Clients Information - BCFSA

   www.bcfsa.ca › duties-clients-information

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   May 4, 2021 · (a) Act in the Best Interest of Your Client. A fundamental principle of any agency relationship is that you act in the best interest of the client who hired you. You owe your client this fiduciary duty.

6. www.investopedia.com › ask › answersWhat Is a Fiduciary Duty? Examples and Types Explained

   www.investopedia.com › ask › answers

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   Jun 22, 2024 · Fiduciary duty describes the relationship between an attorney and a client or a guardian and a ward. Fiduciary duties include duty of care, loyalty, good faith, confidentiality,...

7. www.thecanadianencyclopedia.ca › en › articleLaw of Fiduciary Obligation | The Canadian Encyclopedia

   www.thecanadianencyclopedia.ca › en › article

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   Feb 7, 2006 · In Canadian law, fiduciary obligation refers to a relationship in which one party (the fiduciary) is responsible for looking after the best interests of another party (the beneficiary).

8. www.forbes.com › what-is-fiduciary-dutyWhat Is Fiduciary Duty? – Forbes Advisor

   www.forbes.com › what-is-fiduciary-duty

   May 17, 2023 · Fiduciary duty is the requirement that certain professionals, like lawyers or financial advisors, work in the best financial interest of their clients.

9. www.torys.com › our-latest-thinking › publicationsCourt of Appeal finds brokers may owe fiduciary duties to ...

   www.torys.com › our-latest-thinking › publications

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   Jan 16, 2024 · It is well-settled law that financial advisors do not categorically owe fiduciary duties to all clients. However, a fiduciary duty can exist if an advisor-client relationship has certain features as identified by the Supreme Court of Canada in Hodgkinson v. Simms 3 and later interpreted by the Court of Appeal for Ontario in Hunt v.