Assets in fiduciary accounts grow to 42% of total Regardless of how regulators resolve the fiduciary issue, more client assets than ever are being held to a fiduciary standard, according to a report by Cerulli Associates. Almost $18 billion – or 42 percent of total client assets – were held in accounts subject to a fiduciary standard in 2016, the Boston-based research firm said. That is up from 41 percent in 2015 and 33 percent in 2010. (Investment News)