Prudent Practices for Investment Advisors and Investment Stewards
Resources
AICPA logo
Cart
searchSearch
search
burger
AICPA logo
  • Home
purple pen on business graphs
Resources

Prudent Practices for Investment Advisors and Investment Stewards

3 years ago · 1 min read

SECTION

EXCLUSIVE

A fiduciary has a legal duty to act solely in the best interests of the beneficiary. While an accountant normally is not considered to be a fiduciary to his or her clients, the AICPA Professional Code of Conduct embodies standards of conduct which are closely analogous to a fiduciary relationship—objectivity, integrity, free of conflicts of interest and truthfulness. Accountants who provide audit services cannot be held to a fiduciary standard given their duty to the public.

Courts have found that

Download the Prudent Practices for Investment Advisors

File name: handbook-advisors.pdf

Download the  Prudent Practices for Investment Stewards

File name: handbook-stewards.pdf

Download the Legal Memorandums for Prudent Investment Practices

File name: legal-memoranda-2011.pdf

Reserved for PFP Section members

Already a PFP Section member?

Log in with your AICPA account
 
Forgot email?
Forgot password?

Not a PFP Section member?

Discover the benefits of AICPA membership and Personal Financial Planning Section membership. To gain access to exclusive content, your first step is to join the AICPA.

Learn more

Related content