Let us consider a gauge group, e.g. $SU(N)$. One usually says that a fermionic field $\psi$ belongs to the fundamental representation of the group.
As far as I understand, the fundamental representation is made of matrices that belong to $SU(N)$. Then why the field, being a matrix, transforms as $$\psi \mapsto U\psi$$ and not as $$\psi \mapsto U\psi U^\dagger?$$
The adjoint representation instead should be made of matrices belonging to the Lie algebra $\mathfrak{su}(N)$. What is the physical meaning of a field in the adjoint representation and how does it transform?