MANCELL FINANCIAL RENEWS FIDUCIARY EXCELLENCE CERTIFICATION
Mancell Financial Group in Burnie, Tasmania, is honored to announce the renewal of our certification from the Centre for Fiduciary Excellence, LLC (CEFEX). This certification is only granted by CEFEX to firms that demonstrate adherence to fiduciary best practices. It is an ongoing accomplishment for Mancell Financial Group as it signifies conformity to a recognized global standard of fiduciary excellence.
Mancell Financial Group was subject to a rigorous, multi-month audit and certification process guided by the “Prudent Practices® for Investment Advisors”, an industry-recognized handbook that is grounded in law, regulation and professional best practices.
“CEFEX is pleased to renew Mancell Financial Group’s certification, placing them in an elite group of investment advisors who have demonstrated adherence to professional practices that define a standard of fiduciary excellence,” said CEFEX Managing Director Carlos Panksep. “They have earned the right to use the CEFEX Mark which indicates the firm’s established practices are aligned with investors’ interests and worthy of trust and confidence.”
Peter Mancell, Managing Director of Mancell Financial Group said, “We’re thrilled to once again have passed the CEFEX audit, placing us in elite company globally and being only one of seven certified fiduciaries in Australia. The CEFEX certification offers our clients and prospective clients ongoing confidence that our processes and procedures are aligned with their best interests.”
Mancell Financial Group is certified as an Investment Advisor, specifically for strategic financial planning and investment portfolio management for individuals, trusts and charitable entities. Mancell Financial’s certification is registered and can be viewed at www.cefex.org.
CEFEX certification standards are substantiated by legislation, case law and regulatory opinion letters from the Employee Retirement Income Security Act (ERISA), the Investment Advisers Act of 1940, the Uniform Prudent Investor Act (UPIA), the Uniform Prudent Management of Institutional Funds Act (UPMIFA) and the Uniform Management of Public Employee Retirement Systems Act (UMPERSA) in the U.S. A full copy of the standard can be downloaded from CEFEX at www.cefex.org and a summary can be viewed by clicking on Mancell Financial’s online CEFEX certificate.
About CEFEX®:
CEFEX®, Centre for Fiduciary Excellence, LLC, a Fi360® company, is an independent certification organization. CEFEX works closely with industry experts to provide comprehensive assessment programs to improve the fiduciary practices of investment stewards, advisors, recordkeepers, administrators and managers. CEFEX is based in Pittsburgh, PA. Learn more at www.cefex.org via Twitter or on LinkedIn.
