Sentence examples for fiduciary role from inspiring English sources

Business unit (BU) controllers play a fiduciary role to ensure the integrity of financial reporting.

Because of this fiduciary role, custodians cannot just take back the money or invest it all in savings bonds with the hope that the child won't find out.

In the case of the hub, the authority must balance its fiduciary role with its role as advocate for Mr. Calatrava's plan.

Though they will not bring in new matters, they will continue to serve in a fiduciary role for their legacy clients.

This Essay hypothesizes that courts possess a fairly well-developed schema of the fiduciary role, but have not developed a comparable schema for ordinary contracting parties.

"I'm just so appalled and so disappointed that people who are so wealthy and in a fiduciary role would allow themselves to 'nickel and dime' people," said Robert Markman, a money manager who uses mutual funds.

The fiduciary role-schema often makes courts more likely to over-interpret behavior of fiduciaries than in the case of conventional contracts.

But Mr. Saperstein said that for the most part, investment committees need to be concerned more with their fiduciary roles and how the investment policy statement will accomplish this.

Although the Pacific advisers recommended that Calpers invest up to $75 million in LJM3, it urged the fund to first have its lawyers investigate "the issue of conflicting fiduciary roles" by Mr. Fastow and Mr. Kopper -- and to make sure that the pension fund's investment remained confidential until its lawyers were satisfied.

Selena Morris, a spokeswoman for the global wealth management division of Bank of America, Merrill's parent, said of the broker-fiduciary role, "Clients choose different ways to interact with us" and "it's disclosed and the client acknowledges it in their agreement".

In philanthropy, we often forget our mission when we step into our fiduciary responsibility role.