Thousands of investors have told us they are confused by the investment jargon that is used by financial advisors. We also know some terms, that investors don't understand, are used by advisors as sales ploys. They establish themselves as experts when they define a term you may not understand.
There is an alternative. We have defined more than 1,500 commonly used financial terms. Look-up a definition by entering the term in the search engine or using the alphabetical search service.
Definition of 'Acknowledged Fiduciary'
A financial advisor who acknowledges he or she is a fiduciary when providing financial advice. This type of advisor has more accountability for the suitability of his or her advice. Some advisors are fiduciaries but refuse to acknowledge it to reduce their personal liability for their advice