Tag Archives: fiduciary responsibility

Phil Cannella Explains Fiduciary Duty

Phil Cannella often speaks of a fiduciary responsibility. What many people ask is, “What exactly is that?  According to the dictionary, the word means, “involving trust, especially with regard to the relationship between a trustee and a beneficiary.” The reason Phil Cannella speaks about this so often is that people in the financial industry should hold a fiduciary duty toward their clients, yet so few do. A fiduciary must act selflessly in the best interest of his clients. Yet so many financial professionals don’t do Read More +