Nvest Financial Renews Its Fiduciary Excellence Certification
PORTSMOUTH, NH, SEPTEMBER 1, 2022– Nvest Financial in Portsmouth, NH is honored to announce our recertification from the Centre for Fiduciary Excellence (CEFEX), a division of Broadridge Fi360 Solutions (Broadridge). This certification is only granted by Broadridge to firms that demonstrate adherence to fiduciary best practices. It is a hallmark accomplishment for Nvest Financial as it signifies continued conformity to a recognized global standard of fiduciary excellence.
Companies that earn the CEFEX certification are subjected 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. Nvest has been a certified CEFEX company since September 1, 2017.
“Broadridge is pleased to add Nvest Financial as an elite group of investment advisors who have demonstrated adherence to professional practices that define a standard of fiduciary excellence,” said Carlos Panksep, VP of CEFEX. “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.”
George Raftopoulos, President of Nvest Financial, said, “It’s an honor to continue to be CEFEX-certified. Today, the word ‘fiduciary’ is being used by some as a marketing tool. At Nvest, we take our day-to-day fiduciary responsibility to our clients seriously and our commitment to CEFEX proves it.”
Nvest Financial’s CEFEX registration type is Investment Advisor Certification and program is listed by CEFEX as “individuals, families, businesses and ERISA retirement plans advising on all aspects of financial planning. Nvest Financial’s certification is registered and can be viewed at www.fi360.com/cefex.
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 Broadridge at www.fi360.com/cefex and a summary can be viewed by clicking on Nvest Financials’ online CEFEX certificate.
About Nvest Financial
Nvest and its advisors help clients build financial confidence, one relationship at a time.
For more information about Nvest Financial please visit us at www.planwithnvest.com
Nvest Financial has been providing individuals and organizations with financial guidance since 2003. With locations in both New Hampshire and Maine, Nvest serves clients across the New England. The firm prides itself on crafting unique financial planning and investment strategies for each client. To learn more about Nvest, visit www.planwithnvest.com.
Securities offered through Commonwealth Financial Network®, member FINRA/SIPC. Advisory services offered through Nvest Financial, LLC, a Registered Investment Adviser, are separate and unrelated to Commonwealth. Fixed insurance products and services offered through CES Insurance Agency.
About Broadridge Fi360 Solutions:
Broadridge Fi360 Solutions is a fiduciary education, training, and technology organization within Broadridge, that helps financial intermediaries use prudent fiduciary practices to profitably gather, grow and protect investors’ assets. Since 1999, the organization has provided financial professionals with the tools necessary to act as a fiduciary in their work with investors. Broadridge Fi360 Solutions is the home of the Accredited Investment Fiduciary® (AIF®) designation, the Fiduciary Focus Toolkit™, the Fi360 Fiduciary Score® and CEFEX, Centre for Fiduciary Excellence®. Learn more at www.fi360.com via Twitter or on LinkedIn.
Securities and advisory services offered through Commonwealth Financial Network®, member FINRA/SIPC, a Registered Investment Adviser. Financial Planning offered through Nvest Financial Group, LLC, a Maine & New Hampshire‐Licensed Investment Adviser, are separate and unrelated to Commonwealth. Fixed insurance products and services offered through CES Insurance Agency.
1This recognition and the due–diligence process conducted are not indicative of the advisor’s future performance. Your experience may vary. Winners are organized and ranked by state. Some states may have more advisors than others. You are encouraged to conduct your own research to determine if the advisor is right for you.
2Portfolio performance is not a criterion due to varying client objectives and lack of audited data. SHOOK does not receive a fee in exchange for rankings.