Monday, April 23, 2018 10:45 AM - 11:45 AM
National Fiduciary Advisor Executive
U.S. TRUST, BANK OF AMERICA
Private Wealth Management
“The most fundamental duty of the duciary obligation of trust law is the duty of undivided loyalty to the bene ciary.” (Sitkoff, Robert H. Wills, Trusts and Estates. New York: Wolters Kluwer Law & Business, 2013.)
While the traditional trust law duty of loyalty does not apply to all bank duciary activities, it should serve as the starting point for all self-assessment. This session will explore the increasing complexity of the nancial services marketplace and examine examples of traditional and developing con icts of interest that arise in delivery of duciary investment services.