by rebkiller22 January 18, 2011
Get the fidoodiliedupe mug.You've done great work here Jimmy and I'm sorry your kid is sick, but I have a fidouchiary responsibility to let you go. The good news is that firing you will 'add value' to shareholders.
by sweet_thang December 21, 2016
Get the fidouchiary responsibility mug.Related Words
Fido
• fidoodle
• Fidodlecake
• fidonk
• fidouche bag
• fidouchiary duty
• Fido Dido
• Fido lick
• fido's ass
• FIDO score
by Womp womp womp 2.0 June 12, 2019
Get the Fidodlecake mug.by Womp womp womp 2.0 June 13, 2019
Get the Fidodlecake mug.A person or organization that self-portrays as acting as fiduciary, or rather according to the duty of the client's holistic best interests but is in fact just talking their own book and conforming client needs to those recommendations which possess advantageous financial outcomes over other alternative recommendations which are better suited for client objectives.
Scenario
Fidouchebag: "Hey, I'd like to help you meet your goals."
Client: "Cool! I'd like to retire when I'm 60, can you advise me how to do this?"
The RegRep
Fidouchebag: "As someone who passed their 7 and says smart sounding things about the markets, you should purchase these commission products and we'll switch in a year or so because there will be a fancy sounding market-based reason that will help you make such crazy high returns."
Client: "That sounds great - I guess that will help me retire..."
The IAR
Fidouchebag: "We personally manage multi-asset class portfolios of publicly- traded equity and fixed income securities directly on your behalf, which is so superior to products because we outperform them. We should manage for yearly fee 100% of your marketable assets because we will achieve better returns than other options"
Client: "That sounds great - I guess that will help me retire..."
The Financial Planner
Fidouchebag: "For an advisory fee, I'll tell you should invest in this or that because it's the next great thing and that you should spend less, save more, and take risk over long time periods because regardless of your retirement goal you can always have more."
Client: "That sounds great - I guess that will help me retire..."
Fidouchebag: "Hey, I'd like to help you meet your goals."
Client: "Cool! I'd like to retire when I'm 60, can you advise me how to do this?"
The RegRep
Fidouchebag: "As someone who passed their 7 and says smart sounding things about the markets, you should purchase these commission products and we'll switch in a year or so because there will be a fancy sounding market-based reason that will help you make such crazy high returns."
Client: "That sounds great - I guess that will help me retire..."
The IAR
Fidouchebag: "We personally manage multi-asset class portfolios of publicly- traded equity and fixed income securities directly on your behalf, which is so superior to products because we outperform them. We should manage for yearly fee 100% of your marketable assets because we will achieve better returns than other options"
Client: "That sounds great - I guess that will help me retire..."
The Financial Planner
Fidouchebag: "For an advisory fee, I'll tell you should invest in this or that because it's the next great thing and that you should spend less, save more, and take risk over long time periods because regardless of your retirement goal you can always have more."
Client: "That sounds great - I guess that will help me retire..."
by kfasz October 11, 2021
Get the Fidouchebag mug.by anonymous May 7, 2023
Get the Fidouchidairy mug.“Did you have Mr. Schmanganese for senior-level chemistry?”
“Yeah, he bought me some edibles and lululemon shit then said he could give me stoich help.”
“What a fidooche bag!”
“Yeah, he bought me some edibles and lululemon shit then said he could give me stoich help.”
“What a fidooche bag!”
by The Rawdog March 8, 2024
Get the fidooche bag mug.