Where money and investments are concerned, a fiduciary is a person or organization that owes you good faith and trust and who promises to act in your best interest. The Stewardship Foundation has fiduciary responsibility to our clients. But we boldly do more\u2014we are financial stewards.<\/p>\n
Our first priority is to apply our passion and discipline to protect your long-term interests, not merely to demonstrate that we act in your best interest. Our work has a higher sense of purpose.<\/p>\n
As financial stewards, we are committed to being a point of inspiration for moral, ethical and prudent decision-making. An investment fiduciary can ignore morality and ethics, and still serve as a fiduciary.<\/p>\n
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A financial steward must be able to judge wisely and objectively, while a fiduciary needs only to confirm to a uniform fiduciary standard. We believe that there\u2019s a wide gap between being qualified to guide a client toward good decisions, and being competent to stand up for and speak out about unethical or illegal behavior.<\/p>\n
Financial stewardship is a voluntary standard that is not subject to legal or regulatory oversight. Unlike a fiduciary, we don’t have to wait for regulators to define the standard of care for a financial steward.<\/p>\n
The concept of fiduciary responsibility is processed in the neo-cortex<\/em> portion of the brain involved in sensory perception, cognition, motor commands, reasoning and language. Stewards operate there too, but prioritize their thinking in the emotions of love, passion, trust and security, the limbic<\/em> portion of the brain.<\/p>\n