Final answer:
A fiduciary is an institution or person responsible for making investment, management, and distribution decisions in an account maintained in the best interests of another person or institution. This includes acting in the best interests of the account holder and making decisions that align with their goals.
Step-by-step explanation:
The term you are looking for is fiduciary. A fiduciary is an institution or person who is legally appointed to make investment, management, and distribution decisions in an account maintained in the best interests of another person or institution.
This responsibility includes acting in the best interests of the account holder and making decisions that align with their goals. Examples of fiduciaries include trustees, financial advisors, and investment managers.