What kind of control do guardians typically seek in their investments?

Guardians are primarily motivated by the need to protect the financial assets they manage, especially when those assets need to benefit a ward (such as a minor or an individual unable to manage their own affairs). The focus for guardians is on ensuring that the investments are not only safe from undue risk but also allocated wisely to support the financial needs of the individual under their care. This means they will often prefer investments that are more stable and secure, rather than those that expose them to high risk, which could jeopardize the financial well-being of the ward.

The emphasis on protection underscores a guardianship responsibility to ensure that the financial resources are preserved and effectively utilized for specific purposes, such as education, healthcare, or general support. Investing with an eye towards safeguarding assets aligns with their fiduciary duty, creating a protective layer for the investments they oversee.