All investment fiduciaries should demonstrate prudence in their investment decisions. By following a structured process based on the practices defined by the Foundation, the fiduciary can be confident that critical components of an investment strategy are being properly implemented.
Who is a Fiduciary?
Investment Fiduciary – Someone who is managing the assets of another person and stands in a special relationship of trust, confidence, and/or legal responsibility.
The vast majority of the nation’s liquid investable wealth is in the hands of investment fiduciaries, and the success or failure of investment fiduciaries can have a material impact on the fiscal health of this country. As critical as their role is, more needs to be done to define the details of a fiduciary’s prudent investment process. The purpose of the Foundation is to step into this role and promote a culture of fiduciary responsibility and improve the decision-making process of investment fiduciaries.
