Fiduciary excellence

At Richardson Wealth we have worked hard to earn a trusted reputation and have been recognized for our commitment to fiduciary excellence. In 2012, Richardson Wealth became the first wealth management firm in Canada to earn certification from the Centre for Fiduciary Excellence. This certification applies to our Separately Managed and Portfolio Management Account platforms. It is only granted by CEFEX to firms that demonstrate adherence to fiduciary best practices that define a standard of fiduciary excellence.

  • What it means

    CEFEX-certified firms adhere to a standard representing the best practices in their industry which have been substantiated by regulation or written in consultation with leading firms. Certified firms voluntarily undertake annual audits by independent expert analysts to verify their adherence to the applicable standards.

  • Why it matters

    In a time of financial industry change, trust is critical to firms which provide fiduciary functions and those that provide support services. Investors and Stewards of retirement plans, endowments and foundations are continually looking for proof of integrity. The annual audits maximize professionalism within the firm because management is required to keep up to date with best practices.

  • The Centre for Fiduciary Excellence (CEFEX)

    CEFEX is an independent investment standards organization based in Pittsburgh, PA which certifies companies for conforming to the highest fiduciary practice standards in the world. It works closely with investment fiduciaries and industry experts to provide comprehensive assessment programs to improve risk management for institutional and retail investors. The CEFEX certification also helps determine the trustworthiness of investment fiduciaries by conducting in-depth audits and assessments of firms based on global international ISO standards.