Practice Management

Fiduciary – Understanding Your Legal Duties

In our new CE credit webcast, “Managing Your Legal Risks and Meeting Your Fiduciary Duties,” BMO Global Asset Management presents an essential overview on Fiduciary duty – what it is, when it arises and legal consequences.
April 2019

In our new CE credit¹ webcast, “Managing Your Legal Risks and Meeting Your Fiduciary Duties,” BMO Global Asset Management presents an essential overview on Fiduciary duty – what it is, when it arises and legal consequences.

In a recent CE credit webcast, Valérie Quintal of BMO Financial Group and Ian Matthews of BLG explore the ins and outs of Fiduciary duties. The presenters elaborate by comparing fiduciary duties with other legal obligations, and by providing discussion on four key fiduciary standards, listed below.

  1. Avoid possible or potential conflicts of interest;
  2. Avoid personal gain inconsistent with the best interests of the beneficiary;
  3. Ensure complete disclosure of material information; and
  4. Ensure faithfulness to the beneficiary’s instructions.

The presentation also considers case studies and best practices that can help you manage your legal risks and meet your legal obligations.

Click on the image below to register for the webcast, eligible for 1 IIROC Compliance Credit.

Webcast: Managing Your Legal Risks and Meeting Your Fiduciary Duties

Source: Valerie Quintal and Ian Matthews,“Managing Your Legal Risks and Meeting Your Fiduciary Duties,” BMO Global Asset Management CE Central, March 2019.

For a deeper dive into fiduciary obligations, read these other popular Insights articles:

6 Ways to Avoid Legal Peril »

The Future is Fiduciary »

Enhance Client Returns – and Your Credibility »

¹ Eligible for 1 IIROC Compliance Credit. In order to be eligible for Continuing Education (CE Credits) you must register and log into the event and watch the webcast in its entirety, as well as sign the Declaration that follows the webcast.

² The Investment Funds Institute of Canada: Fiduciary Duty/Best Interest Standard

³ Ontario Securities Commission: Securities Law & Instruments

BMO Global Asset Management Disclosure:

This article is for informational purposes only and should not be construed as, legal or investment advice to any party. Investments should be evaluated relative to the individual’s investment objectives and professional advice should be obtained in respect to any investment. The opinions expressed here reflect our judgment at this date and are subject to change. Information has been obtained from sources we consider to be reliable, but we cannot guarantee the accuracy or completeness.

BMO Global Asset Management is a brand name that comprises BMO Asset Management Inc., BMO Investments Inc., BMO Asset Management Corp. and BMO’s specialized investment management firms.

® “BMO (M-bar roundel symbol)” is registered trade-mark of Bank of Montreal, used under licence.

Related articles

No posts matching your criteria