Firms Recognized for 10 Years of CEFEX-ASPPA Certification

By Carlos Panksep • September 21, 2017 • 0 Comments
CEFEX was launched 11 years ago with a mission to offer a way for organizations to demonstrate adherence to the industry’s highest standard for investment advisors, the Global Fiduciary Standard of Excellence. A year later, CEFEX and ASPPA introduced the Standard of Practice for Retirement Plan Service Providers.

This standard describes the industry’s best practices for recordkeepers and third party administrators in areas such as business planning, fee disclosure, information technology and quality control.

The certification program involves an annual independent assessment against this standard for the purpose of identifying risks, fostering a culture of continuous improvement and of course distinguishing the firm in a changing market.

Today we have close to 200 certifications in various fiduciary and non-fiduciary disciplines. This remains a small elite group, and firms benefit from the recognition of CEFEX certification as the gold standard in industry accreditations.

This year I have the honor of recognizing 2 firms that embraced this new ASPPA certification 10 years ago. They now thrive in their respective businesses and can proudly proclaim their vision and dedication to excellence:

  • Ingham Retirement Group of Miami, FL certified for recordkeeping and administration services.
  • Pinnacle Financial Services of Lantana, FL certified for Third Party Administration services.
The full list of certified service providers is published on the ASPPA website, in Plan Consultant magazine and on the CEFEX website.

On behalf of CEFEX and ASPPA, I congratulate these firms on this milestone!

Carlos Panksep is Managing Director, CEFEX.