ACCREDITED INVESTMENT FIDUCIARY®
Colleen Gillespie maintains the AIF® (Accredited Investment Fiduciary®) designation. To qualify as an Accredited Investment Fiduciary® (AIF) one must successfully pass Fiduciary course work as created by fi360® and pass an exam demonstrating the focus on all the components of a comprehensive investment process, related fiduciary standards of care and commitment to excellence. AIF designees undergo an initial training program, annual continuing education, and pledge to abide by the designation’s code of ethics.
The AIF program provides detailed instruction on how to comply with the fiduciary standards of care and introduces the participant to the 21 Prudent Practices developed by the Foundation for Fiduciary Studies. These practices provide the foundation and framework for a disciplined investment process and generally represent the minimum process prescribed by U.S. law and legal precedent. A client will benefit from using the expertise of an advisor with the AIF designation, as the advisor will be held to a standard of excellence to which others may not adhere.
CERTIFIED TRUST AND FIDUCIARY ADVISOR
Colleen Gillespie maintains the CTFA designation. The Certified Trust and Fiduciary Advisor (CTFA) is a professional designation offered by the American Bankers Association, which provides training and knowledge in taxes, investments, financial planning, trusts, and estates. Previously called the Certified Trust and Financial Advisor certification, the ABA replaced "Financial" in the title with the word "Fiduciary" in 2020.
The CTFA certification demonstrates expertise in the trust and financial advising profession. To receive the designation, candidates must have a minimum level of wealth management work experience, complete approved training programs, and pass an examination. To maintain the CTFA designation, holders must complete 45 CE credits every three years, adhere to the ABA professional certifications' code of ethics and pay an annual renewal fee.
CHARTERED RETIREMENT PLAN SPECIALIST
Stacey Belser holds the Chartered Retirement Plan Specialist designation. Chartered Retirement Plan Specialist is a credential for those who create, implement and maintain retirement plans for businesses.
The study program to become a CRPS covers types and characteristics of retirement plans, including IRAs, small business retirement plans, defined contribution plans, nonprofit plans, 401(k) and 403(b) plans, and government plans. It is awarded by the College for Financial Planning to individuals who pass an exam demonstrating their expertise.
Successful applicants earn the right to use the CRPS designation for two years. Every two years, CRPS professionals complete 16 hours of continuing education to continue using the designation.
WEALTH MANAGEMENT SPECIALIST
Stacey Belser and Peter Samuelson hold the Wealth Management Specialist designation. This designation encompasses the most critical concepts in financial planning and wealth management. The course of study includes topics like estate planning, asset allocation process, measurement of risk and return, investment strategies, tax implications and strategies in the financial planning process, business ownership, education funding, retirement planning considerations, and equity compensation. The Wealth Management Specialist designation is awarded by the College of Financial Planning.
Successful applicants earn the right to use the WMS designation for two years. Every two years, WMS professionals complete 16 hours of continuing education to continue using the designation.
AIF Designee Code of Ethics
We recognize that this Code of Ethics, and its principles and obligations, are in addition to those set forth by any other Code that governs my professional and ethical conduct.
To my clients, I will:
- Employ and provide the client information on the Prudent Practices when serving as an investment fiduciary and/or advising other investment fiduciaries.
- Act with honesty and integrity and avoid conflicts of interest, real or perceived.
- Ensure the timely and understandable disclosure of relevant information that is accurate, complete, and objective.
- Be responsible when determining the value of my services and my form of compensation; taking into consideration the time, skill, experience, and special circumstances involved in providing my services.
- Know the limits of my expertise, and refer my clients to colleagues and/or other professionals in connection with issues beyond my knowledge and skills.
- Respect the confidentiality of information acquired in the course of my work, and not disclose such information to others, except when authorized or otherwise legally obligated to do so. I will not use confidential information acquired in the course of my work for my personal advantage.
- Not exploit any relationship or responsibility that has been entrusted to me.
To my community (whether defined by work, family, and/or friends), I will:
- Proactively promote and be a steward of ethical behavior as a responsible partner among my peers in the work environment and in my community.
- Ensure that the overall promotion of my practice is implemented in the best interests of my profession.
- Seek, accept, and offer honest criticism of technical work; acknowledge and correct errors; and properly credit the contributions of others.
- Use corporate assets and resources employed or entrusted to me in a responsible manner.
- Continue to improve my knowledge and skills, share ideas and information with colleagues, and assist them in their professional development.