0
A person in a position of financial trust is an individual entrusted with managing or overseeing financial assets or transactions on behalf of others. This role often involves fiduciary responsibilities, requiring the person to act in the best interests of those they serve, such as clients, investors, or beneficiaries. Examples include financial advisors, trustees, and corporate executives. Breaching this trust can lead to legal consequences and loss of credibility.
What else can I help you with?
What does a grantor actually do?
It depends on the context. Generally speaking a person, company or organisation which is a grantor is in the position of granting some sort of financial arrangement to someone. It could be a lease or mortgage or something to do with a trust or estate etc.
What is the symbol for RAIT Financial Trust in the NYSE?
The symbol for RAIT Financial Trust in the NYSE is: RAS.
What financial measures in a business operation impact the financial position of a business?
what is a business person willing to take risks called?
Who can provide you with good debt advice?
A person that can provide you with good debt advice would be your financial planner. A financial planner can be found at a bank. Preferable a bank that you trust.
In what year did RAIT Financial Trust - RFT - have its IPO?
RAIT Financial Trust (RFT)had its IPO in 2014.
In what year did RAIT Financial Trust - RAS - have its IPO?
RAIT Financial Trust (RAS)had its IPO in 1998.
Can the person to whom an irrevocable trust is to be paid, revoke his position in order to pay the person who holds the trust for a due debt.?
Depends on the state in which you live. Would strongly recommend that you seek the opinion of an attorney.
Ratio in isolation provide into the financial performance and financial position?
rations in isolation reveal little about financial position and financial performance of business.
Which term describes the restoration of the insured person to the financial position he or she was in before the loss occurred?
Indemnity, 100% sure
A conflict of interest is defined as a conflict between the and the of a person in a position of trust?
A conflict of interest arises when a person in a position of trust faces a situation where their personal interests may interfere with their professional obligations or duties. This conflict can compromise their ability to act impartially or prioritize the best interests of the organization or individuals they serve.
What can trust companies do for a person?
Trust companies exist essentially to work as representation for an estate or a family in the event of a death or other calamity. In terms of what they provide for individuals, trust companies function to administer financial assets, while also managing funds, records, and pay bills for that person or estate.
What is the symbol for Village Bank and Trust Financial Corp in NASDAQ?
The symbol for Village Bank and Trust Financial Corp. in NASDAQ is: VBFC.
