# Fiduciary Duty

*Professional & Ethics — Finicade finance glossary*

The legal and ethical obligation to act in someone else's best interest ahead of your own — the standard a financial adviser or trustee is held to. It's the difference between advice that serves you and a sales pitch.

**Related terms:** [Code of Ethics](https://finicade.com/glossary/code-of-ethics), [Material Nonpublic Information](https://finicade.com/glossary/material-nonpublic-information)

**Taught in:** Charter Climb — The Code of Ethics

Source: https://finicade.com/glossary/fiduciary-duty