Trust. It means everything in the Wealth Management business. Whether it is helping a client with retirement planning, assisting a foundation with their financial goals, or anything in between, there is a common question: Can I trust that my investment advisor truly has my best interest at heart? This is the core of a fiduciary, to make decisions and recommendations that are at all times in your best interest.
Recommending solutions for your situation that is in your best interest has always been the top priority of Uwharrie Investment Advisors. Now, we have joined a small group of advisors who have earned the Centre for Fiduciary Excellence (“CEFEX”) certification, signifying adherence to fiduciary best practices in managing client wealth.
The CEFEX certification is evidence that the investment advisor is committed to fiduciary excellence, that he or she is acting in your best interest. This can be a relief for individuals needing asset management services; it is comforting to know that the investment advisor to whom you entrust your wealth and resources is putting forward recommendations that are designed to help you reach your financial aspirations.
The boards of non-profit organizations, foundations and endowments are fiduciaries. They have an ongoing responsibility to ensure that their organization’s wealth is managed in such a manner as to help achieve stated short-, intermediate-, and long-term investment objectives. Generally, these boards can delegate certain functions and responsibilities to third parties, including the responsibility of managing the organization’s investable assets. However, while boards can delegate the responsibility of managing institutional assets, the liability associated with the decision to do so generally remains with the delegating board.
Through enlisting the services of a CEFEX certified Investment Advisor, an organizational board can take comfort in knowing that it has entrusted its organization’s assets to an advisor who has been independently verified as being a faithful adherent to fiduciary best practices and who can assist the board in satisfying its fiduciary obligation to institutional stakeholders.
Learn more about what it means to be CEFEX Certified
Learn more about CEFEX Certification and The Road to Fiduciary Security
Learn more about the CEFEX Certification audit and what it means to you
Learn more about the CEFEX Certification assessment process
Uwharrie Investment Advisors is a subsidiary of Uwharrie Capital Corp and an affiliate of Uwharrie Bank.
Retail brokerage and insurance products are offered through Private Client Services, LLC (2225 Lexington Rd., Louisville, KY 40206; phone: 502-451-0600). FINRA and SIPC member. Operates under the marketing name of Uwharrie Investment Group. Private Client Services, LLC and Uwharrie Capital Corp., along with their affiliates and subsidiaries are separate, distinct, and unaffiliated entities.
Securities and insurance offered are not bank deposits, not insured by the FDIC or any other state or federal government agency, not obligations of or guaranteed by any financial institution, and are subject to risk and may lose value. Risk(s) will vary depending on investments made by the client, a Uwharrie Investment Advisor Representative will review these risk(s) with the client prior to investing.
The Centre for Fiduciary Excellence (“CEFEX”) is a third party organization that provides independent assessment of investment advisors and other financial intermediaries and their adherence to fiduciary best practices. The assessment is conducted by an independent Accredited Investment Fiduciary Analyst (“AIFA®”), and entails an on-site and off-site assessment of the firm’s operations, specifically with regards to its investment management processes. If the AIFA® finds the firm’s processes in good order, the assessment is reported to a CEFEX Registration Committee comprised of fiduciary and subject matters experts for further review. If the Committee agrees with the AIFA®’s findings, it awards the firm the right to use the CEFEX designation. The assessment process is optional for financial intermediaries. CEFEX and Uwharrie Investment Advisors, Inc., along with their respective affiliates and subsidiaries, are separate, distinct, and unaffiliated entities.
Customer Disclosures and Client Relationship Summary (Form CRS)