Service Models Breakdown – Part 2 & Fiduciary Status
Learning Objective: Understand the advanced service models and fiduciary responsibilities in the CSA.
Video: CSA Service Models (5–8) & Fiduciary Roles
📌 Key Topics Covered:
- Overview of Turbo Charge, Auto Pilot, Chauffeur, and P.A.M. Chauffeur models.
- Differences in administrative depth and oversight.
- MAP’s fiduciary status under each service model (non-fiduciary in most; 3(16) fiduciary under Chauffeur/P.A.M. Chauffeur).
Knowledge Check
Under which service models does MAP assume fiduciary responsibility?
What should employees do if a client misunderstands their fiduciary role?
Module 5