Private endowments, foundations and public charities (such as community foundations) are Stewards and they strive to implement the best fiduciary practices in order to respect their philanthropic origin. By hiring a CEFEX-certified Investment Advisory firm, this kind of Steward is fulfilling its due diligence obligation when engaging a service provider. The best Stewards will want to hire CEFEX Advisory firms to ensure that assets are managed prudently and in the best interests of donors and beneficiaries.

Introducing the Independent Assessment Report

With this CEFEX exclusive report, plan trustees can now easily document their advisor selection with confidence. The IAR provides a summary of CEFEX's rigorous annual assessment including the methodology, the date and the people involved.

Learn more about the Independent Assessment Report