NEWS RELEASE
Investment Advisor Is Certified For Fiduciary Excellence
PITTSBURGH, FEBRUARY 10, 2022 – CEFEX, the Centre for Fiduciary Excellence, a division of Broadridge Fi360 Solutions, has certified SouthCol Advisors, LLC in Naples, FL to the standard described in the handbook “Prudent Practices for Investment Advisors”. SouthCol Advisors, LLC (SouthCol) joins the elite group of Investment Advisors to successfully complete the independent certification process.
The standard describes how an Investment Advisor assumes the responsibility for managing a client’s overall investment management process, which includes the selection, monitoring, and deselection of investment managers, as well as developing processes to implement investment strategies and fiduciary practices on an ongoing basis. According to the Vice President, Centre for Fiduciary Excellence, Carlos Panksep, “Through CEFEX’s independent assessment, the certification provides assurance to investors, that SouthCol has demonstrated adherence to the industry’s best fiduciary practices. This indicates the firm’s interests are aligned with investors.”
SouthCol Advisors, LLC is certified in investment advisory services for foundations, endowments, private clients including high net worth individuals, and charitable remainder trusts. SouthCol is registered on this public page, where its certificate can also be viewed.
The standard is 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 Model Management of Public Employee Retirement Systems Act (MMPERSA) in the U.S.
A full copy of the standard can be downloaded from CEFEX at www.cefex.org and a summary can be viewed by clicking on SouthCol Advisors, LLC on-line Independent Assessment Report. More information about SouthCol Advisors, LLC is available at www.southcoladvisors.com.
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.
About SouthCol Advisors
SouthCol Advisors is an institutional investment consulting firm focused on helping clients make a positive difference in their communities and the world. Working with institutional clients such as foundations and endowments, SouthCol guides boards and investment committees through a clearly articulated governance process. SouthCol is focused on building mission-aligned investment portfolios with the intent to help clients fund and amplify mission and to help fiduciaries quantify and communicate their impact to stakeholders.