Vail Daily column: Duty before self

21st June, 2016 by

By scott miller

Country before self.Even in this supercharged season of angry politics, it’s a concept we all understand.It’s sort of like that.Being a fiduciary is the expression of the highest standard of care in the service of another. If I am your fiduciary — or you are mine — then the duty the one of us may owe to the other is greater than that which would serve ourselves.From the Latin “fiducia,” meaning “trust,” a fiduciary is a person (or a business such as a bank) who has the power and obligation to act in the interests of another under circumstances which …

Source:: Vail Daily Feed

      

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