Out of the Box, a series by Mark J. Grant, Chief Global Strategist, Fixed Income, Managing Director at B. Riley FBR Inc.
Out of the Box – a series by Mark J. Grant, Chief Global Strategist, Fixed Income, Managing Director, B. Riley FBR Inc.
As a fiduciary, an adviser has an obligation to seek to obtain “best execution” of client transactions. In meeting this obligation, an adviser must seek to execute securities transactions for clients in such a manner that the total cost or proceeds of client transactions are the most favorable under the then-prevailing market conditions.