Perth-based Capital Partners Private Wealth announced that the global assessor and certification organisation has approved the firm's wealth management services for private clients, discretionary trusts, charitable entities, SMSFs and corporations.
According to CEFEX's website, Capital Partners is the only Australian firm to receive the "Investment Advisor" accreditation. Other registered firms are based in the US, UK and New Zealand.
Capital Partners chief executive David Andrew said: "We voluntarily submitted the company to this scrutiny in order to demonstrate that our investment process is of the highest independent standard in the world.
"What this means for the clients of Capital Partners is that they can be assured that our systems and processes provide them with the maximum in protection and investment outcomes."
CEFEX general manager Carlos Panksep said the assessment found that Capital Partners demonstrates "adherence to the industry's best fiduciary practices".
"This indicates the firm's interests are aligned with those of investors," he said.
SUBSCRIBE TO THE IFA DAILY BULLETIN
30 Jun 2016ASIC removes Macquarie licence conditionsBy Staff Reporter
30 Jun 2016FPA, AFA propose more adviser education changesBy Staff Reporter
30 Jun 2016JBWere announces new reporting softwareBy Staff Reporter
30 Jun 2016Face time the key to rapid growth, survey saysBy Staff Reporter
30 Jun 2016Link Group teams up with Ignition Wealth on robo-adviceBy Staff Reporter
30 Jun 2016Global SMAs reduce admin burden and costs: Hub24By Adrian Flores
- view all