The prudent investment process
1Plante & Moran Financial Advisors, Southfield, MI, USA.
Abstract:
Are you a CFO, CEO or treasure of your organization? Are you a member of the board of directors or investment or pension committees? If you answered "yes" to these questions, you are likely to be considered a fiduciary of investment assets. This position carries with it prestige, responsibility, and potential personal liability should something go wrong. Of course, liability will most likely occur only if a failure has occurred in carrying out fiduciary responsibilities. But what are those responsibilities? And what is the most appropriate way to manage investment decisions?
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