Argent Retirement Plan Advisors earns Fiduciary Excellence certification

Argent Retirement Plan Advisors is honored to announce its Investor Advisor Certification from the Centre for Fiduciary Excellence, LLC (CEFEX).

The certification, which can be viewed at www.cefex.org, is granted by CEFEX only to investment advisory firms and financial service providers that demonstrate conformity to a recognized global standard of fiduciary excellence. 

To earn CEFEX certification, Argent underwent a rigorous, multi-month audit and certification process guided by “Prudent Practices® for Investment Advisors,” an industry-recognized handbook grounded in law, regulation and professional best practices. 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 removal of funds, as well as developing processes to implement investment strategies and fiduciary processes. 

“CEFEX is pleased to add Argent Retirement Plan Advisors to an elite group of investment advisors who have demonstrated adherence to professional practices that define a standard of fiduciary excellence,” said CEFEX Managing Director Carlos Panksep. “They have earned the right to use the CEFEX Mark which indicates the firm’s established practices are aligned with investors’ interests and worthy of trust and confidence.”

“In serving our client base, Argent Retirement Plan Advisor’s mission has focused on providing clients a suite of services to aid the sponsorship and governance of their retirement benefits using unbiased guidance and transparency,” said Chris Shankle, managing director of Argent Retirement Plan Advisors. “We applied for CEFEX certification because our retirement plan clients deserve proof of fiduciary process and transparency about the quality of their investments. It’s also necessary in today’s world, as ‘fiduciary’ can be a confusing word. Passing this strict audit certifies that we work in their best interest as prudent plan fiduciaries and provide effective stewardship of their assets.”

CEFEX certification standards are 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 Uniform Management of Public Employee Retirement Systems Act (UMPERSA) in the U.S. A full copy of the standard can be downloaded from CEFEX at www.cefex.org and the certificate and assessment results can be viewed by clicking on the “Registration” tab and searching for Argent Retirement Plan Advisors.

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