A fiduciary makes a legal commitment to providing clients impartial and informed guidance on their money. One would hope that anyone holding themselves out to be a fiduciary is, in fact, meeting this standard. Unfortunately, it's not as simple as financial advisor = fiduciary. Traditionally, "financial advisor" has been used to describe a range of professionals in the financial services industry, from stock brokers to wealth managers. The Securities and Exchange Commission (SEC) now restricts who can refe ...