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A comment on Ask HN: What to do after $8M (all cash, post tax) exit?. Parent comment

Re:Ask HN: What to do after $8M (all cash, post tax) exit? by lukehack on Wednesday December 05, 2018 @09:59AM (#18608705)
For those who don't know, a fiduciary is legally obligated to work in your best financial interests, so it's pretty important that your financial advisor is one.
[ Parent | on HN ]
Re:Ask HN: What to do after $8M (all cash, post tax) exit? by wstuartcl on Wednesday December 05, 2018 @10:58AM (#18609391)
Reinforcing this, someone with constrained by fiduciary duty must make (and be able to show) recommendations/actions based on your best interests when it comes to your money or be liable.

An adviser that is not operating under the duty, can place their best interests above yours legally (and this is expected).

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