What is The Fiduciary Standard?

The Six Core Fiduciary Duties

  • Serve the client’s best interest
  • Act in utmost good faith
  • Act prudently -- with the care, skill, and judgment of a professional
  • Avoid conflicts of interest
  • Disclose all material facts
  • Control investment expenses

"Alongside our core governing principles, the prominence of fiduciary duties in both private and government actions is apparent. Fiduciary duties guide the meaning of putting others’ interests ahead of one's own, and acting loyally, in utmost good faith and with due care.  The fiduciary standard of conduct for prudently managing assets or property has a proud heritage in American law. Fiduciary principles were enunciated by American Founders. Washington and Madison were among those who used fiduciary language to describe government officials as the peoples’ agents, guardians or trustees who derive their authority from the consent of the people." -Institute for the Fiduciary Standard (web link below)

Garrett Capital adheres to the principles above which are taken from The Institute for the Fiduciary Standard.  The Institute for the Fiduciary Standard and Campaign for Investors are nonprofits dedicated to fiduciary education on financial and investment advice.