👉 A fiduciary is a person who has a duty to act in the best interests of another person, even if that means acting against their own self-interest or the public interest. This can be defined as someone who makes decisions on behalf of another person without their own personal gain or benefit, and who acts with a clear understanding of the potential consequences of their actions. For example, a fiduciary might act as a trustee for an employer to ensure that the company's assets are used in a