Welcome to Fiduciary
Accrediting and Connecting Fiduciary Experts Worldwide
A fiduciary is someone who is legally bound to act in the best interest of another. At IFD, we
accredit professionals and organizations that uphold the highest fiduciary standards across
multiple sectors, including legal, financial, healthcare, and corporate governance.
A fiduciary is someone who manages money or property for someone else. When you’re named a fiduciary and accept the role, you must– by law– manage the person’s money and property for their benefit, not yours.
An Administrator appointed by the Court when there is no Will is also considered a fiduciary. A Guardian appointed in a Will or by the Court, is another example of a Fiduciary. This person is required to do what is in the best interest of the minor child or incapacitated person.
The attorney-client relationship is a fiduciary one, for example, because the client trusts the attorney to act in the best interest of the client at all times. So even lawyers need to be accredited.
A fiduciary is anyone who must act in the best interest of a client or customer. Attorneys, bankers, and company board members are all examples of fiduciaries. Because they’re legally required to maintain the best interests of their client, they offer a higher level of trust to those who work with them.
This means .. with our accreditation process and certification. the individual or company can say they are accredited by IFD to act as a certified Fiduciary for the purposes that they are registered and accredited by us.
This will be on annual renewal basis .. each individual and company will pay for the renewal of their accreditation
Initially we will do the due diligence and certification ourselves but once we have our global affiliation model .. they will do it and they will give 30% royalty for all fees that they will change clients at their end. Meaning clients will still pay to us .. but we will send back to them 70% Bcos they will do the work .. we keep 30% as royalty fees, Bcos they carry our name and they follow our DD process / SOP.
Fiduciaries must act in the beneficiaries’ best interest. Relationships such as lawyer and client, doctor and patient, investment advisor and client, trustee and beneficiary, director and corporation are fiduciary in nature.