Is Your Financial Advisor an Accredited Investment Fiduciary?

JAMES MAENDEL, ACCREDITED INVESTMENT FIDUCIARY (AIF®)

In October, 2021, Jim was awarded the Accredited Investment Fiduciary (AIF®) Designation from the Center for Fiduciary Studies, the standards-setting body for Fi360 and the US first full-time training and research facility for fiduciaries.

This is a big step for our firm. As we expand into increasingly sophisticated and specialized areas of financial & investment advice, it’s important that we utilize more sophisticated guidance on the ethics of these more complicated practices.

It's a milestone achievement for us that will open many avenues to expand our services! AIF® Accreditation allows us to offer more advanced Consultant services that are based on advising not just assets we have under our care and management, but also advising those who carry that responsibility themselves. An example would be an Investment Committee of a Trust that has a Fiduciary responsibility to the beneficiaries of the Trust.

Fiduciaries manage other people’s money with a legal and ethical responsibility to put the needs and benefit of their clients ahead of the advisor’s (or the Advisory Firm’s) own interests. Maendel Wealth has always been a Fiduciary practice. The Accredited Investment Fiduciary (AIF®) is an advanced education in Fiduciary discipline that recognizes that a good investment practice is not based just on picking the right investments- it’s the rigorous process of decision making itself that needs to be consistent, prudent, and based on due professional care.

See if your advisor is an AIF® Designee, visit: www.fi360.com/designeesearch