Gandalf is called Mithrandir by the elves which means 'Grey-Pilgrim' or 'Grey-Wanderer'.
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To go on a journey to gain the dwarf's treasure back becuase dragons can't smell hobbit's so Bilbo can steal the treasure back and fight the dragon
Gandalf was known by different names to different peoples: Gandalf to Northern men, Mithrandir to the elves and Dunedain (as in Gondor), and Tharkun to the Dwarves. Olorin was his true name as a Maia.
Lord of the Rings and The Hobbit.
Generally speaking, they don't trust them. The issue is that Elves are slow to decide and place little value on material wealth. Elves tend to rely a lot on one another, living very cimmunally, which is, essentially, the opposite of the Dwarves.
His known names, usually given to him by various peoples: -Gandalf ("Elf of the Wand", though he is not an elf) by various peoples. Titled as "Gandalf the Grey" and "Greyhame" or later "Gandalf the White". -Mithrandir (Sindarin "Grey Pilgrim", "Grey Wanderer") from the Elves, also used by the Men of Gondor. -Tharkûn, from the Dwarves. -Incánus, from somewhere in the South. -Olórin, which he was called in the West in Aman. He has also been called various other things, some of therm derogatory, although they are not used as proper names.
Until the end of The Return of the King, when he went to the Undying Lands with the elves and Frodo.