Suppose you win 100 million. What do you actually do with it? Banks only guarantee 250,000. Do you have to invest it? Is there anywhere you can just let it sit and draw interest?
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I think in the US, a similar title would be a “fiduciary”. Ie. Someone who is supposed to act in your best interest.
No, it’s more like doctor or engineer where it’s a protected profession that’s criminal to imitate.
