Potentially stupid question, but w/e: I'm filling out some paperwork and came across a section that asks if I have acted as a fiduciary or employee of a U.S. pension? At my current role, I'm a transactions analyst for a firm whose major LP and closest relationship is a public pension. As someone giving investment recommendations for funds and vehicles that are held by a pension, would this make me a fiduciary and cause me to answer yes to the question despite being a junior employee?
Trending Content - Off Topic Forum
| +73 | Uchicago is paradise | 14 | 1d |
| +45 | What Bank Will Make Women Instantly Fall In Love With Me? | 12 | 31m |
| +35 | BofA VP killed in random NYC stabbing | 31 | 2h |
| +28 | How the Hell Do People Actually Get Into Private Golf Clubs? | 26 | 2d |
| +18 | Why do Asians fake their names? | 37 | 8h |
| +13 | POLL: Optimistic or Pessimistic? | 9 | 2d |
| +7 | Who is making these posts on WSO Linkedin ? | 5 | 1d |
| +1 | Someone just coined "the view" | 3 | 1d |
Career Resources
If you're the most junior person on the team and just following directions from your senior IMO no you're not a fiduciary. Maybe if you were the relationship lead
Voluptate facilis quia excepturi accusantium. Ut mollitia soluta sed quas dolore voluptatem. Nihil aliquid iste unde veniam. Veritatis error nisi eos eos. Fugiat qui laboriosam consectetur quo dolor consectetur.
Et autem illo sint corporis nihil dolore quibusdam cum. Libero et eum qui sequi magni praesentium corrupti nesciunt. Sequi voluptatem nemo minima animi possimus voluptatem omnis minima.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...