Savant Continues to be Recognized for Fiduciary Excellence
Firm meets global standard of excellence for the ninth
straight year
–
Savant
Capital Management, a
nationally-recognized fee-only wealth management firm, has once again been
recognized with two certifications by the Centre for Fiduciary Excellence® (CEFEX®). This is the ninth consecutive year Savant has had
its certifications renewed. This comes after Savant’s recognition of the
Service Provider Certification for Employee Retirement Income Security Act
(ERISA) 3(16) Plan Administrators earlier this year.
Savant
has received an Investment Steward certification for adhering to global
standards of fiduciary excellence. As defined by CEFEX®, an
Investment Steward is a person or organization which has the legal
responsibility for managing investment decisions. The Investment Steward
decides on the asset allocation, defines the details of the strategy,
implements the strategy with appropriate Investment Managers, and monitors the
strategy on an ongoing basis. In 2007, Savant was the first retirement plan in
the world recognized by CEFEX® as an
Investment Steward.
Savant
has also received a CEFEX® certification
as an Investment Advisor for its services in ERISA plans, 403 (b)/church
exempt, eleemosynary, personal trusts, and high net worth individuals.
According to CEFEX®, Investment Advisors are
responsible for managing comprehensive and continuous investment decisions,
including investment advisors and wealth managers, among others.
Earlier
this year, Savant received the Service Provider Certification for adhering to
the CEFEX® standard of excellence
for ERISA 3(16) Plan Administrators. The certification implies that the firm
can demonstrate adherence to the industry’s best practices, and is positioned
to serve fiduciaries such as Investment Advisors, Investment Managers, and
Investment Stewards. Savant was among one of the first organizations in the
nation to be independently certified in this role.
The
CEFEX® standard of excellence for Investment Stewards,
Investment Advisor, and Plan Administrator under ERISA 3(16), is based on a
series of fiduciary practices that seek to increase long-term investment
performance by diversifying the portfolio across multiple asset classes and
peer groups, evaluating investment management fees and expenses, and selecting
or terminating Investment Managers. The practices also help uncover investment
and/or procedural risk, which may assist in prioritizing investment management
projects.
A
CEFEX® assessment includes both on and off-site confidential
reviews of an organization’s practices by an independent Accredited Investment
Fiduciary Analyst® (AIFA®). The process is based on the ISO 19011 audit
standard, an internationally recognized standard for testing process management
systems. The assessment is documented by the AIFA® and is subject to review by the CEFEX® Registration Committee, comprised of independent
fiduciary experts.
About Savant Capital Management
Savant Capital Management is a
leading independent, nationally-recognized, fee-only firm, serving clients for
30 years with more than $4.7 billion in assets under management. As a trusted
advisor, Savant Capital Management offers investment management, financial
planning, retirement plan and family office services to financially established
individuals and institutions. Savant also offers corporate accounting, tax
preparation, payroll and consulting through its affiliate, Savant Tax &
Consulting.
Savant is regularly recognized
among the top wealth managers in the United States. Savant was the
recipient of the 2015 Best-in-Business IMPACT Award™, part of Schwab’s IMPACT
Awards® program to recognize excellence in the business of independent
financial advice. Savant has consistently received other industry recognitions
including recently being included on the Forbes top 200 financial
advisors list, the Barron’s top 20 independent advisory firms list,
being named the #9 rated RIA firm by Financial Planning magazine, and
included in additional top advisors lists by Financial Advisor magazine
and InvestmentNews.
Savant Capital Management is a
Registered Investment Advisor. Savant’s marketing material should not be
construed by any existing or prospective client as a guarantee that they will
experience a certain level of results if they engage Savant’s services and may
include lists or rankings published by magazines and other sources which are
generally based exclusively on information prepared and submitted by the
recognized advisor. For more information about Savant or to view our Important
Disclosures, go to www.savantcapital.com.
Savant Capital Management and its employees are independent
of and are not employees or agents of Charles Schwab & Co., Inc.
(“Schwab”). Schwab does not prepare, verify or endorse information distributed
by Savant Capital Management. The Best-in-Business IMPACT Award™ is not an
endorsement, testimonial endorsement, recommendation or referral to Savant
Capital Management with respect to its investment advisory and other services.
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