Reference · Glossary
Fiduciary duty
Legal obligation to act **in a client’s best interest** — applies to advisors, trustees, and some corporate roles.
#When to use
Deciding whether AI can recommend trades, allocations, or financial products to customers.
#When not to
Generic budgeting tips without personalized product recommendations.
#Example
Robo-advisor features require licensed oversight; chatbot cannot pick stocks for retail users without compliance review.