Role of a Fiduciary

The Role of a Professional Fiduciary

Balancing Care, Compassion, and Professional Advocacy

Providing care as a Professional Fiduciary is as much a calling as it is a career. Fiduciaries practicing in the state of California are required to be licensed by the Professional Fiduciaries Bureau under the California Department of Consumer Affairs. They may have had previous careers as attorneys, CPA’s, bankers, social workers, or healthcare providers. Many of our members joined PFAC after serving the business, care and personal needs of a family member or loved one. The responsibility is unique, essential, and, often noble in nature. A fiduciary’s role is not merely that of business manager, decision-maker, or guardian. It is also a nurturing bond of trust, concern, and attentive care-giving. A fiduciary seeks to support mental and emotional well-being; reduce the stress of changing circumstances or unexpected events; and, most importantly, help each client, and their families, enjoy a fulfilling life.

Fiduciary Services May Include:

  • Trustee
  • Guardian
  • Estate Executor
  • Daily Bill Paying and Money Management
  • Healthcare Representation
  • Agent under a Power of Attorney
  • Executor for senior with no spouse or family
  • Conservator for those who are mentally or physically incapacitated
There may be many other roles a fiduciary can fulfill.