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Canon Capital Wealth Management has successfully achieved CEFEX (Centre for Fiduciary Excellence) certification for the thirteenth consecutive year. This designation places Canon Capital Wealth Management in an elite group of investment advisory firms that are certified in this global program.
“Our CEFEX certification means that we understand the importance of having a documented investment process, allowing our clients to have confidence that their investment strategies are prudently organized, formalized, implemented, and monitored,” said Dr. Peter Roland, Managing Director of Canon Capital Wealth Management & Family Office Services. “Additionally, this certification ensures that our firm is monitored annually by an independent third party, which effectively helps our clients manage their fiduciary obligations.”
CEFEX is an independent global assessment and certification organization, working closely with investment fiduciaries and industry experts to provide comprehensive assessment programs to improve risk management for institutional and retail investors. CEFEX certification helps determine the trustworthiness of investment fiduciaries, providing an independent recognition of a firm’s conformity to a defined Standard of Practice as described in the handbook “Prudent Practices for Investment Advisors.”
According to the Managing Director of the Centre for Fiduciary Excellence, Carlos Panksep, “Maintaining certification requires continued adherence to the industry’s best practices and is verified through our annual renewal assessment.”
The standard is substantiated by legislation, case law, and regulatory opinion letters from the Employee Retirement Income Security Act (ERISA), the Investment Advisor’s Act of 1940, Uniform Prudent Investor Act (UPIA), Uniform Prudent Management of Institutional Funds Act (UPMIFA) and the Uniform Management of Public Employee Retirement Systems Act (MPERS) in the U.S. A full copy of the standard can be downloaded from CEFEX at www.cefex.org/advisor.
Canon Capital Wealth Management is a business unit of Canon Capital Management Group based in Harleysville, PA. Canon Capital Management Group provides a single source of financial and business services. For more information, visit www.canoncapital.com or call 215-723-4881.
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