At Mancell Financial Group we like to think we’re operating on a world’s best practice basis when it comes to our standards, particularly when it comes to our standards when helping investors.
Yet we weren’t content to be just taken at our word. MFG worked hard to be accredited as a Centre for Fiduciary Excellence (CEFEX) certified advice firm.
After that exhausting process, MFG were first officially certified by CEFEX in June 2016 as adhering to all their practices and criteria in the conduct of a fiduciary investment advisory business. This makes MFG part of an elite group of global investment advisers to successfully complete the independent certification process.
When MFG were accredited, General Manager of CEFEX, Carlos Panksep noted MFG’s standards were of the highest quality.
“Through CEFEX’s independent assessment, the certification provides assurance to investors, both institutional and individual, that Mancell has demonstrated adherence to the industry’s best fiduciary practices.” Mr Panksep said.
Importantly, Mr Panksep acknowledged that “this indicates the firm’s interests are aligned with those of investors.”
So who are CEFEX and why does this matter?
CEFEX is an independent global assessment and certification organization. It works 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.
We’re extremely proud of this achievement as we’re the only CEFEX certified firm in Tasmania and only one of five in Australia.
If you’d like to know more, a full copy of the standard can be downloaded from CEFEX at www.cefex.org
Alternatively, you can view our most recent CEFEX Public Report.