Explanation

Answer Example

I ensure compliance with fiduciary duties by conducting thorough due diligence on all investments and maintaining clear documentation of decision-making processes. For example, I worked with investment advisors to assess the legal implications of a private equity deal, ensuring alignment with the family's risk tolerance and objectives. I also implemented regular audits and compliance checks to verify adherence to fiduciary standards, minimizing exposure to legal risks. This approach ensures ethical and legally compliant investment practices.